SABMiller Q3 Group NPR Down, Organic Constant Currency NPR Rises - Quick Facts

(RTTNews) - SABMiller Plc. (SBMRY.PK, SAB.L), which is being bought by beer giant Anheuser-Busch InBev SA/NV (BUD, AHBIF.PK), reported Thursday that its group NPR declined by 8 percent for the third quarter due to the adverse translational impact on its results of continued depreciation of key operating currencies against the US dollar.

In its trading update, the company said its Group NPR on an organic constant currency basis grew 7 percent, based on volume growth of 4 percent and price and mix realisation of 3 percent.

Subsidiary total beverage and lager volumes grew by 8 percent and 6 percent respectively, assisted by favourable weather conditions in some markets. Premium lager brand volumes grew by 4 percent and volumes of global lager brands increased by 8 percent.

Soft drinks volumes grew by 8 percent, with double digit growth in Africa and a subdued performance in Latin America.