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SABMiller Sees Latin America Sales Rising on ‘Affordable’ Drinks

SABMiller Plc predicts the volume and revenue of its beer sales in Latin America will rise as it attracts drinkers by selling more affordable beverages.

“We believe we can continue to deliver mid-single-digit volume growth and upper-single-digit revenue growth for the foreseeable future,” Karl Lippert, president of the Latin America unit, said today in a statement ahead of an investor meeting in London.