Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

AB InBev beats earnings expectations as beer sales spike

AB InBev beats earnings expectations as beer sales spike
FILE PHOTO: The logo of Anheuser-Busch InBev is pictured outside the brewer's headquarters in Leuven, Belgium February 28, 2019. REUTERS/Francois Lenoir -
Francois Lenoir(Reuters)
Euronews logo
Text size Aa Aa

BRUSSELS (Reuters) – Anheuser-Busch InBev <ABI.BR>, the world’s largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in five years.

The maker of Budweiser, Corona and Stella Artois said on Thursday that earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 9.4% on a like-for-like basis to $5.86 billion ( £4.7 billion ), compared with the $5.73 billion consensus based on Refinitiv data.

(Reporting by Philip Blenkinsop; editing by Gopakumar Warrier)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.