Actionable news
0
All posts from Actionable news
Actionable news in BUD: ANHEUSER-BUSCH INBEV SA/NV,

Budweiser Maker AB InBev's Quarterly Profit Lags Forecasts

Budweiser maker Anheuser-Busch InBev (BUD) said core profit rose less than expected in the second quarter while reiterating its expectation of closing the SABMiller (SBMRY) deal in the second half.

Normalized Ebitda rose 4.3% to $4.01 billion, undershooting the $4.13 billion projected in a Reuters consensus forecast. The company said top-line growth was partly offset by investments in brands, which was weighted towards the first half of the year.

Total volumes...


More