No Brexit Gloom At Msm

Mahou San Miguel has brushed off Brexit concerns as it delivers another record year in the UK. MSM said Brexit had no affect on its 2016 UK performance, in which volumes increased by 9%. The jump took annual volumes int eh country past 1m hectolitres for the first time. UK growth came amid overall upward trends for MSM in 2016. In FY results released, company sales and volumes both climbed by 4%. MSMs sales in its domestic Spanish market grew by 2% as it invested in innovation.