SABMiller plc (SAB.L) and Molson Coors Brewing Co. (TAP,TAP.TO) announced fourth-quarter results for their joint venture, MillerCoors, reporting net income attributable to MillerCoors of US$102.2 million, compared to net income of US$54.1 million in the year ago quarter.
Underlying net income, excluding special items, decreased 21.6% to US$106.1 million, from US$135.3 million in the same quarter last year.
Net sales declined 1.6% to US$1.712 billion, from US$1.74 billion in the year ago quarter. Excluding contract brewing and company-owned distributor sales, domestic net revenue decreased 2.1% to $1.585 billion. Third-party contract brewing volumes declined 4.1% versus prior quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.