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SABMiller and Diageo Search For Growth

The heads of two of the U.K.’s biggest companies have a drinks problem: how to find growth.

13/10/2014

The heads of two of the U.K.’s biggest companies have a drinks problem: how to find growth. Alan Clark at SABMiller, the brewer, and Ivan Menezes of Diageo, the world’s largest spirits group, are both expected to report that alcohol sales in the last quarter stagnated – or even fell – when they give updates to the market this week. A cocktail of factors over the past year, including weakness in emerging markets, unfavourable currency movements but also falling consumption in the competitive markets of North America and Europe, have held back growth. (Financial Times)

- See more at: http://www.beverageworld.com/news/headline/4724/sabmiller-and-diageo-search-for-growth#sthash.sMip53nx.dpuf 

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