TITLE

SHARES in Peroni-maker SABMiller fell [...]

AUTHOR(S)
Rupert Steiner
PUB. DATE
October 2014
SOURCE
Daily Mail;10/14/2014, p68
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
SHARES in Peroni-maker SABMiller fell 40p to 3250p after slower economic growth in Zimbabwe caused a drop in demand for lager. SAB owns a 38pc stake in Delta Corporation, the largest quoted company in the country which posted a 25pc drop in larger sales. Delta also said in a trading update that soft drink sales fell 6pc during the period. Demand for cheaper sorghum beer remained strong, jumping 14pc in the first six months while overall revenue was 4pc lower.
ACCESSION #
98849436

 

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