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AB InBev increases profit despite selling less beer

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AB InBev increases profit despite selling less beer

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BRUSSELS (Reuters) – Anheuser-Busch InBev <ABI.BR>, the world’s largest brewer, increased earnings in the third quarter as price hikes compensated for it selling less beer. The maker of Budweiser, Corona and Stella Artois reported a core profit (earnings before interest, tax, depreciation and amortization) of $5.73 billion, not far off the median forecast in a Reuters poll of $5.76 billion.

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