SABMiller Q3: Africa And Asia Continue To Lead Growth

Strong exposure to Africa and Asia has been a big deal for SABMiller recently. The two regions are more or less driving growth as most of the developed world, where SABMiller has relatively little exposure compared to its rivals, remains weak. Third quarter organic lager volumes were up 3% year-on-year (y-o-y) in the three months to December 31 2010, with Africa up 8% y-o-y (12% if you include Zimbabwe) and Asia up 12%. These are big numbers when you consider that between them Africa and Asia contribute more than a quarter of SABMiller's volumes - a contribution that should grow

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