SABMiller said today that first-half adjusted pretax profit increased 15 per cent to $1.773 billion despite increased costs and investment.
The brewer said investment and productivity gains are offsetting cost pressures and expects progress in the second half.
Last month, the company said first-half lager volumes grew 11 per cent on an organic basis, driven by strong performances particularly in Africa and Asia.
SABMiller declared an interim dividend of 16 cents, up 14 per cent on the previous year.