Pivnoe Delo
abbey-beer-icon

pivnoe-delo_logo5

Top articles

Journals

drinktec

SABMiller’s Zimbabwe unit H1 earnings up 46 pct

* Revenues up 41 pct to $255 mln
* Total beverage sales up 23 percent

SABMiller's Zimbabwe unit registered a 46 percent increase in earnings in the half-year to September, driven by strong beverage sales growth as the country's economy continues to recover.

Delta Corporation , which is 38 percent owned by SABMiller, reported basic earnings per share of 2.49 cents in the first half, up from 1.71 cents previously. After-tax profit was $30.29 million, compared to $20.47 million in the correpsonding period of 2010.

Revenue rose to $254.8 million, up from $181.8 million last year, as total beverage volumes jumped 23 percent on the previous year's figure.

Delta CEO Joe Mutizwa told an analyst briefing that the firm would spend $78 million to expand operations in the full-year to March 2012, up from the initially budgeted $67 million.

14 Nov. 2011

Advertising

pilsena_en
gea
sidel100x100
jg
portinox

Main topics

Exact matches only
Search in title
Search in content
Search in comments
Search in excerpt
Search in posts
Search in pages
Search in groups
Search in users
Search in forums
Filter by Custom Post Type
Filter by Categories
Home
Magazines
News
×