SABMiller sold more beer and soft drinks

Seemingly undeterred by the protracted takeover, SABMiller on 21 April 2016 reported it suffered a drop in group Net Producer Revenue (NPR) in its recently-ended financial year, but achieved growth in beverage volume sales. Like other brewers, SABMiller was once again hit by unfavourable foreign exchange rates.

The world’s number two brewer's said total NPR (its own metric that measures revenue on an organic, constant currency basis) fell by 8 percent in the year ended 31 March 2016, while beverage volume grew by 2 percent.

SABMiller did not disclose any real figures. Still analysts believe that, due to currency fluctuations, SABMiller’s revenue in its fiscal 2016 will have dropped to about USD 15.5 billion from USD 22 billion in 2015.

However, SABMiller said lager volume grew by 1 percent and soft drinks volume increased by 6 percent.

SABMiller’s full year results will be released on 18 May 2016.