Strong sales in emerging markets have propped up SAB Miller’s profits – again – despite the slowdown in the global economy and unfavourable foreign exchange and input costs.
The question is how long will it last? Continue reading »
Alcoholic drink maker Diageo released some impressive results this week on the back of continued strong performance in emerging markets, which now account for almost 40 per cent of the company’s revenues.
Today, East Africa Breweries (EABL), which is 50-per-cent owned by Diageo and is Kenya’s largest company by market capitalisation, released its full-year results, allowing a closer look at conditions in one of Diageo’s fastest-growing regional markets. Continue reading »
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