SABMiller Full Year Earnings Beat City Estimates

摘要

SABMiller’s emerging market (EM) strength has been the mainnreason we have been positive about its prospects against the likesnof Carlsberg and Heineken in particular over the past few years.nBeer has generally done quite well across most of the big developingneconomies over recent years (with the exception of Russia), whichnhas been supportive to SABMiller’s EM-centric business, certainlynin comparison to its two aforementioned rivals – both of which arena lot more reliant on slow and ageing Western Europe.