SABMiller increases its 2014 full year dividend by 8%

DividendMax Ltd.

SABMiller increases its 2014 full year dividend by 8%

Highlights

- Organic, constant currency group net producer revenue (NPR) growth of 5%

- Group NPR per hectolitre (hl) up 3% on an organic, constant currency basis, reflecting growth in all regions

- Organic, constant currency EBITA growth of 6% and EBITA margin1 expansion of 30 basis points (bps)

- Adjusted constant currency EPS grew by 5% and by 6% excluding the prior year net earnings impact of the group's disposed investment in Tsogo Sun Holdings Limited (Tsogo Sun)

- Reported group NPR, EBITA and adjusted EPS declined, impacted by adverse translational foreign exchange effects and the disposal of Tsogo Sun

- Free cash flow increased by 26%

- Announcement of the formation of Coca-Cola Beverages Africa (CCBA), the largest bottler in Africa, strengthening further our leading presence on the African continent

Full year dividends per share of 113.0 US cents, up 8% on prior year

Companies mentioned