Rising costs and adverse currency fluctuations are expected to impact on SABMiller's second half trading performance, the company announced this week.
Revealing its half year results, the London and Johannesburg-listed brewing giant said group revenue grew 10 per cent to $7,901m, with earnings before interest, tax and amortisation up 12 per cent to $1,264m.
Group beverage volumes totalled 110m hectolitres, up 10.4 per cent on the comparative period.
"The group has delivered further increases in volumes and earnings in the first half, reaffirming our strong growth profile within the global brewing industry," said chief executive Graham Mackay.
But while the general outlook remains positive Mr Mackay acknowledged that increasing costs and "tough currency comparatives" were expected to impact on the group's results in the second half.