Seeking Alpha: SABMiller - An Excellent Play On Emerging Markets

Beer is admittedly not the greatest growth market in the world. You can find beer in almost every corner of the world and consumption growth more or less tracks GDP growth. Nevertheless, while SABMiller (Nasdaq: SBMRY.PK) may not be in position to post eye-popping topline growth, few other companies are so poised to take advantage of population and income growth in the emerging markets of the world.


Everywhere But Here
Miller and Miller Lite are pretty well known brands to American investors, but the fact remains that for all of the well-known brands like Miller, Peroni, Pilsner Urquell, and Grolsch, only about one-third of the company's business comes from North America and Europe (combined). SABMiller's Latin American business is larger than either of those regions and Asia is growing quickly in importance.

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SABMiller: An Excellent Play On Emerging Markets