November 3/London/London Stock Exchange Aggregated Regulatory News Service (ARNS) -- SABMiller plc and Molson Coors Brewing Company reported MillerCoors' underlying earnings grew at a double digit rate driven by strong cost management and net pricing, which were offset by soft volumes due to a sluggish U.S. beer market in the third quarter ended September 30, 2010.
MillerCoors' third quarter underlying net income, excluding special items, increased 36.7% to $334 million versus the prior year comparable quarter last year.