By James Atkinson
Carlton & United Breweries' net producer revenue declined by six per cent for the first quarter ended June 30, parent company SABMiller announced overnight.
Group net producer revenue (NPR) comprises group revenue less excise and similar taxes.
SABMiller said the poor result in Australia reflected a volume decline of three per cent and a decline in NPR per hectolitre.
"The soft volume and price performance was driven by continuing category pressure, reflecting increased negative consumer sentiment following the tough federal budget in May, along with continued competitive intensity," the company said.
"The NPR per hl decline was exacerbated by price competition from international premium brands."
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or is to do with the prices they charge and consumers have moved onto the grey market