Wednesday, March 05, 2025 | 05:53 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

AB InBev profit gains as Latin America offsets weak United States

Image

Reuters BRUSSELS

BRUSSELS (Reuters) - Anheuser-Busch InBev, the world's largest brewer, reported a rise in first-quarter core profit on Wednesday as growth in most of Latin America offset a decline in its largest market, the United States.

The maker of Budweiser, Stella Artois and Corona said EBITDA (earnings before interest, tax, depreciation and amortization) increased by 6.6 percent to $4.99 billion, in line with the average forecast in a Reuters poll of $4.98 billion.

(Reporting by Philip Blenkinsop; editing by Robert-Jan Bartunek)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 09 2018 | 11:02 AM IST

Explore News