Miller Lite Performing “Across All Channels”

As reported yesterday, SABMiller reported its first half results for the six months ending Sept. 30, 2003, with a strong earnings performance (up 78%) based on strong European sales (recall they had a heat wave this summer) and a strong South African rand. SABMiller's global beer volumes were up 31%, representing organic growth of 3.2%. "Our outlook for the year is positive and we are well placed to continue our growth, but the effect of favorable currency will taper off