SABMiller Profit Rises 15%

SABMiller PLC

posted a 15% rise in its net profit in the six months to Sept. 30. SABMiller's profit for the period surged to $1.59 billion, versus $1.38 billion, in the year-ago period. Its earnings before interest, taxes and amortization gained 17% to $3.17 billion, beating analysts' estimates of $3.15 billion. Its revenue climbed 11% to $17.48 billion. SABMiller shares dropped 0.25% to close at $42.05 on Wednesday.