We expect higher value growth and improved profitability through continued premiumisation, particularly in developed economies,” Asahi stated in formal financial documents. “RTDs in particular have seen significant market expansion since the 2010s, and an especially strong growth in CAGR of 7% to 8% since 2015 in particular.” “In the second half of this year, we expect to complete the acquisition of Diageo plc’s East African business. “Despite the impact of COVID-19 and cost inflation, EABL has maintained strong profitability driven by top-line growth,” Asahi stated. Asahi aims to achieve 20% in core operating profit margins by 2030 [and one of the strategies is to] strengthen our global growth platforms, which will include our East Africa business.”