SABMiller plc announced annual results for fiscal year 2011. The group’s Ukrainian subsidiary showed excellent volume growth.

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On 19 May in London, SABMiller plc, one of the world’s leading brewers with operations and distribution agreements across six continents, reported its preliminary (unaudited) results for the year ended 31 March 2011. SABMiller’s Ukrainian operation, Miller Brands Ukraine demonstrated excellent volume growth, achieving the 2nd highest growth rate within SABMiller’s European division. (more…)

Brewing industry thirsty for crowning deal

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The brewing industry has racked up $142bn worth of deals in the past five years, according to Bloomberg, but some analysts say the “big one” has yet to come. (more…)

Global brewer under tax lens

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Multinational brewer SABMiller will come under the close scrutiny of tax authorities in five African countries, including South Africa, next month. (more…)

SABMiller’s Wyman to retire, spotlight on CEO

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Global brewer SABMiller Plc said its Chief Financial Officer Malcolm Wyman would retire at end-August to be replaced by internal candidate James Wilson, which is likely to throw the spotlight on when Chief Executive Graham Mackay decides to retire. (more…)

SABMiller Board Management Changes

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SABMiller plc announces that Malcolm Wyman, Chief Financial Officer, has confirmed his intention to retire from the company at the end of August 2011, and he will stand down from the board at the forthcoming AGM on 21 July 2011. (more…)

Global brewers: too much froth

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Order a beer in Amsterdam and it is served with a big foamy head, something that can make drinkers feel they are the victim of the publican’s cost saving programme. Investors in Dutch brewer Heineken may feel the same way. (more…)