AB InBev profit beats forecasts, sees strong growth in 2019


FILE PHOTO: A Jupiler beer rack is seen among Stella Artois racks at the Anheuser-Busch InBev company’s plant in Jupille January 20, 2010. REUTERS/Sebastien Pirlet/File Photo

BRUSSELS (Reuters) – Anheuser-Busch InBev, the world’s largest beer maker, reported higher than expected fourth-quarter earnings on Thursday and forecast strong revenue and profit growth in 2019.

Fourth-quarter core profit (EBITDA) rose by 10.0 percent to $6.17 billion, above the 7 percent like-for-like increase average forecast in a company-compiled poll.

Reporting by Philip Blenkinsop; Editing by Shri Navaratnam



The put upAB InBev profit beats forecasts, sees strong growth in 2019appeared first on Reuters

Recommended For You

American News

About the Author: American News

Leave a Reply

avatar
  Subscribe  
Notify of