Amalgamated Beverage Industries Limited - Trading Update
Amalgamated Beverage Industries Limited
(Registration Number 1970/006820/06)
Share code: ABI
ISIN number: ZAE000000048
("ABI")
Trading Update
ABI experienced good sales growth for the quarter ended December 2003, with
growth for the quarter in excess of 10%. This resulted in growth for the nine
months of around 8%. The growth was experienced in both the alternate beverage
and CSD sectors.
The main volume drivers have been positive consumer consumption trends,
including the favourable effect of the 5.5% decrease in interest rates from a
high of 17% in April to 11.5% in December 2003 as well as heightened peak
promotional activity. Weather conditions also favoured increased consumption,
with an increase in maximum temperatures over prior year across the ABI regions
averaging 2.1 degrees centigrade.
Sandton
13 January 2004
Sponsor
Cazenove
Date: 13/01/2004 09:00:04 AM Produced by the JSE SENS Department
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