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With the economic storm clouds gathering, it should come as no surprise to find that many are choosing to drown their sorrows. C all reported refreshingly healthy sales increases. 9 per cent increase in sales in the first half, buoyed by emerging market customers, as Europe and North America lagged behind. Latin America and the Caribbean delivered 30 per cent growth, while Asia Pacific sales rose by 14 per cent. 6pc in the first six months, as it unveiled a potentially lucrative tie-up with Turkish firm Anadolu EFES.
Beer sales by volume were 3 per cent ahead of last year but thirsty Britons led the way to the bar, with SAB’s UK business reporting a 6 per cent rise in volumes. The rise was largely down to the growing popularity of the group’s Peroni brand, which grew by 13 per cent, cementing its place as a firm favourite at the taps. The trading update coincided with the announcement of a significant deal with Turkey’s Anadolu EFES that will see SAB hand over its Russian and Ukrainian assets in return for a 24 per cent stake in the enlarged company. Turkish families who own 56 per cent of Anadolu EFES. 76million in cost savings via the transaction.