AB InBev profits off forecast

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AB InBev profits off forecast

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Either the worst is over and we are enjoying life again or we are drinking our way out of the recession; brewers AB InBev, Heineken and SAB Miller all reported good first quarters with increased sales.

AB InBev raised US sales for the first time in three years and said wage rises in Brazil should boost rapid growth there, but core profit was slightly below average forecasts.