SABMiller PLC, the world's second-largest brewer, reported Tuesday that lager volumes grew by 2 percent in the fourth quarter, bringing the year's total back to the same level as the previous year, according to Associated Press.
Soft drink volumes were up 2 percent for the year ending March 31.
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SABMiller, which makes Grolsch, Pilsner Urquell and Peroni Nastro Azzurro beers, said full-year earnings guidance was unchanged.
SABMiller shares were up 4 percent at 1,985 pence on the London Stock Exchange.
The company said lager volume fell 5 percent on a comparable basis in Europe, and sales by its MillerCoors joint venture in the United States were down 4 percent in the fourth quarter, dragging the full year to a 2.3 percent drop.
The company posted gains in lager volume of 6 percent in Africa, 5 percent in Asia and 3 percent in Latin America, it reported.
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