Drinks giant SABMiller toasts rising Q3 sales

Macys.com

British drinks firm SABMiller, maker of Grolsch and Peroni Nastro Azzuro beers, reports rising sales in the 3rd quarter of its financial year as business in emerging markets offset a poor performance in EuropeBritish drinks firm SABMiller reported rising sales in the third quarter of its financial year as business in emerging markets offset a poor performance in Europe, in a statement released Tuesday. Sales grew by four percent in the three months to the end of December, compared with the outcome in the same period of the previous fiscal year, said a trading update from the maker of Grolsch and Peroni Nastro Azzuro beers. In Latin America and Africa, sales rose by five percent and eight percent respectively.