Annual Report ‘05
SAB Miller : Annual Report ‘05
Presentation of the firm
Financial Review
A vision in the long term
SAB Miller today
South Africa : the original brewing company
North America : 2nd largest brewer
Central America : 90% share of the beer market
Africa & Asia : 99% stake in the China’s market
Europe : mainly in the East European countries
The soft drinks division makes products for the Coca Cola company.
Financial highlight (1/3)
It is remarkable that 2005 was the third successive year of outstanding financial results.
The year’s results demonstrate the fundamental operating strength of the group. Total group beverage volumes grew by 8% to 187.2 million hectolitres
Miller domestic volume returns to growth
Financial highlight (2/3)
Group EBITA margin 16.6%, up from 15% Excellent EBITA performance in South Africa
Financial highlight (3/3)
The dividend given to the shareholders has increased by 27%
over last year. Strong cash flows reduce gearing to 26.4%
A vision in the long term
For the longer term, the group is building on its positions in the large, emerging markets of China and India.
Depending on economic growth, there may also be opportunities in Africa.
In the longer term we also expect to see a natural consumer drift towards higher value, international brands.
A corporate social responsability
Supporting local farmers & other suppliers
Reducing the environmental footprint
Enhancing the health and well being of the staff
You can go on investing in SAB Miller !!