SABMiller, the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev, reported a 2 percent rise in second-quarter sales volumes on Tuesday which it said reflected the strength of its long-term business model.
The company, whose beer brands include Peroni and Grolsch, said it had brought forward the release of its trading update for the six months ended Sept. 30 in order to ensure the timely release of information during what is classed as an offer period.
"While adverse currency movements have materially impacted our reported results, we have a strong business with exceptional long-term prospects," Chief
Executive Alan Clark said in a statement. "Our strategic priority of driving superior top-line growth through strengthening our brand portfolios and expanding the beer category is showing clear results."