SABMiller Annual Beer Volumes Up Underlying 10%

Global brewing giant SABMiller said on Thursday its annual worldwide underlying beer volumes rose 10%, and said its financial performance was in line with its own expectations.

SABMiller, the world's second-biggest brewer and maker of Miller Lite, Peroni, Castle and Snow beers, added in a trading statement that the 10% rise in underlying beer volumes for its financial year to end-March compared with a 5% rise the previous year.

In January, the London-based group reported third-quarter (Oct-Dec 2006) beer volumes grew 10% percent with a rise of 9.5% for the nine-months to end-December.