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SABMiller Profit Rises 15%

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SABMiller PLC (OTC: SBMRY) 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.

Posted-In: profitEarnings News

 

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