Britain-based brewer SABMiller on Thursday announced a 4.0-percent rise in annual net profits as growth in emerging markets offset sliding beer sales across Europe. Profit after tax increased to $3.381 billion (2.474 billion euros) in the year to March 31 compared with the group’s performance in 2012/13, SABMiller said in a statement. “Trading conditions are expected to remain broadly unchanged from the year just ended, with growth continuing to be driven by our developing markets,” SABMiller said after seeing success in Latin America, Africa and Asia in its last financial year.
