SABMiller delivers 2013 dividend increase of 4% in $ terms

DividendMax Ltd.

SABMiller delivers 2013 dividend increase of 4% in $ terms

Highlights

Portfolio development and commercial execution drive group NPR

Reported group NPR decline of 1% with organic, constant currency group NPR growth of 3%

Lager volumes up 1% on both reported and organic bases with growth in Latin America, Africa and Asia Pacific partially offset by declines in Europe and North America

Reported EBITA growth of 1% and EBITA margin improvement of 50 basis points (bps) to 24.2%, with organic, constant currency EBITA growth of 7% and EBITA margin expansion of 90 bps

The depreciation of key currencies against the US dollar had a significant negative impact on the translation of financial results, impacting reported EBITA by approximately US$400 million

Adjusted earnings up 2%, with adjusted EPS also up 2% to 242.0 US cents per share

Full year dividends per share up 4% to 105.0 US cents

Companies mentioned