MillerCoors Trends Improve But Still Down

Dear Client:SABMiller issued what could be its last trading statement, for the year ending March 31. The report showed improvement for MillerCoors over the latest quarter. MillerCoors' domestic shipments were up 1% in the fiscal fourth quarter but down 2% in the full year, although this was offset by net revenues per hl growth of 1%.Still, US domestic sales to retailers were down 1% in the fourth quarter on a trading day adjusted basis. Full year STRs were down 2%.