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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (65763)8/29/2010 12:51:38 PM
From: elmatador  Respond to of 217709
 
That belongs to SABMiller plc (LSE: SAB).
sabmiller.com

Sabmiller is one of the world's largest bottlers of Coca-Cola products in the world.
Knowing South Africa they know how to sell in Africa.

That young lady is retailing Coca-Cola.

And they want to sell more:

Sabmiller invests Usd 1.5 million in beverage centre

Lubango – The international brewer, Sabmiller Group, is investing Usd 1.500 in the construction of a beer and Coca-Cola products distribution centre in Ondjiva, southern Cunene province, Angop learned.

The information was released Thursday in southern Huila province by the company’s commercial official, Paulo Rodrigues, on the fringes of the Agro-Industrial and Commercial Fair, Expo/Huíla2010.

According to Paulo Rodrigues, the move is part of an action meant for the expansion of the company’s activity into the inland region of the country, particularly in the southern part, with a view to better meeting the demands of the market.
portalangop.co.ao



To: John who wrote (65763)11/19/2010 4:07:22 AM
From: elmatador  Respond to of 217709
 
SABMiller gains from emerging markets’ thirst.

Emerging markets accounted for most of the revenues and profits, with Latin America contributing $676m of earnings before interest, tax and amortisation and North America contributing $480m. South Africa and the rest of Africa are also big profit engines.

SABMiller gains from emerging markets’ thirst
By Louise Lucas

Published: November 18 2010 20:38 | Last updated: November 18 2010 20:38

Shares in SABMiller firmed 3 per cent on Thursday after the world’s second-biggest brewer by volume reported a 13 per cent rise in interim profits.

The brewer received a fillip from the football World Cup in the summer and offered a cautiously upbeat outlook.

Graham Mackay, chief executive, said that although consumer spending stayed subdued, incremental improvements in emerging markets were “expected to be maintained”.

In the six months to September 30, pre-tax profits rose from $1.5bn (£934m) to $1.69bn on revenues that increased 7 per cent from $8.85bn to $9.45bn.

The interim dividend is lifted from 17 cents to 19.5 cents, to be paid from earnings per share up from 63 cents to 71.2 cents.

Emerging markets accounted for most of the revenues and profits, with Latin America contributing $676m of earnings before interest, tax and amortisation and North America contributing $480m. South Africa and the rest of Africa are also big profit engines.

However, volumes fell in the two biggest markets of Latin America, where tax increases in Colombia caused the brewer to raise prices in February, and in Europe, where volumes dropped 5 per cent year-on-year. SABMiller attributed this to the difficult economic conditions that depressed consumer spending and beer consumption.

SABMiller’s more optimistic outlook contrasted with rival Carlsberg’s gloomier prognosis. Earlier this month it warned of looming beer price increases in a bid to recover soaring barley and malt prices.

Trevor Stirling, Bernstein analyst, said the conflicting views illustrated the two companies’ hedging and forward-buying strategies. While Carlsberg is relatively unhedged in eastern Europe, SABMiller runs much longer hedges and, particularly in the US, buys on long-dated contracts.

“The spot price for barley in Europe has seen big swings, but in the US the price paid to farmers – through supply contracts struck for two to three years – is much smoother,” he said.

SABMiller shares rose 61p to £21.13.