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SABMiller Third-Quarter Lager Sales Rise Less Than Estimated

SABMiller Plc, the world’s second-biggest brewer, reported growth in third-quarter beer volume that missed analysts’ estimates on declines in Europe and weaker-than-anticipated sales in Africa.

Beer volume rose 1 percent on a so-called organic basis in the three months through December, the company said in a statement today. That missed the 2 percent median estimate of 12 analysts surveyed by Bloomberg News.