date:May 23, 2014
alyst at Mirabaud, said in a note, citing nice surprises around earnings growth and the savings plan.
SABMiller has been offsetting declines in Europe and a tough US market by cost-cutting and targeting developing economies across Latin America and Africa. Its also creating new brews and packaging to attract drinkers globally and improve sales and profitability.
The stock rose 3.7% to 3,378.5 pence at 10:23 am., valuing the company at 54.3 billion ($92 billion) and making it the biggest gainer