Financial news

AB InBev gives dimmer 2019 view after weak third-quarter

By  | 

Via Yahoo Finance

BRUSSELS (Reuters) – Anheuser-Busch InBev <ABI.BR>, the world’s largest beer maker, reported lower than expected profit in the third quarter and said that it now only expected moderate growth due to challenges in the second half of the year.

The maker of Budweiser, Corona and Stella Artois said on Friday that its core profit (EBITDA) was unchanged year-on-year, below market expectations of a 3% increase.

(Reporting by Philip Blenkinsop; editing by Toby Sterling.)

Print Friendly, PDF & Email

Hold dit netværk orienteret

READ ALSO  Allianz welcomes plans to open Chinese insurance market to foreigners