SABMiller share price: Brewer releases trading update

SABMiller Plc (LON:SAB) today released a trading update for the twelve months ended March 31. Key information from the report provided below, with more to follow:

SABMiller plc today issues its trading update for the 12 months ended 31 March 2015.
**Alan Clark, Chief Executive of SABMiller, said:** “Our topline performance was strong in the final quarter, driven by double digit revenue growth in Africa and sustained growth in Latin America. Asia Pacific also returned to growth during the last three months of the year as lager volumes in China returned to growth. In the final quarter our revenues grew by 6%, repeating the strength of the first quarter, while full year revenue growth of 4% was driven by revenue per hectolitre growth in all regions”
**Full year and fourth quarter highlights:** Group net producer revenue (NPR) for the full year grew by 4%, with total beverage volume growth of 1%; Lager volume for the year was in line with prior, with growth in Africa and Latin America offset by volume weakness in China and North America; Lager volumes increased by 2% in the fourth quarter reflecting a strong performance led by South Africa and a recovery in volume growth in China; Continuing growth in soft drinks across the group, with volumes up 8% for the year and the fourth quarter, driven by Africa and Latin America.
As of 07:20 BST, Thursday, 16 April, SABMiller plc share price is 3,585.00p.