SABMiller has vowed to unleash "aggressive competition" in China against rivals Anheuser-Busch after losing out in the battle for Chinese brewer Harbin.
The group said it also expected continued growth in beer volumes in Europe.
The Independent on Sunday 04/07/04 (Business) page 14
Related articles
NewsSunak: ‘Challenging backdrop of rising inflation’
Chancellor Rishi Sunak has warned inflationary pressures will continue to buffet the UK economy, and is forecast to average 4% next year
- News
Eat Out to Help Out propels inflation to nine-year high
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
- News
ONS data points to a possible recovery plateau
Hospitality could be experiencing a slowing in the recovery of consumer activity, weekly data compiled by the ONS has suggested.
More Finance
- News
Outgoing Dardis toasts strong Young’s results
The premium managed pub operator is “firmly back in business” with profit before tax of £41.8m
- News
Food props up sliding drink sales at M&B
Mitchells & Butlers reported like-for-like growth of 1% in the 28 weeks to 9 April 2022, versus FY19, with encouraging signs of sales recovery in its city centre sites
- News
C&C sells stake in Admiral Taverns
The Bulmers supplier disposed of its minority interest in the pub company for £55m to Proprium Capital Partners
