News: Anheuser-Busch InBev SA (BUD.N)
2 Dec 2013
Thu, Oct 31 2013
BRUSSELS - Anheuser-Busch InBev , the world's largest brewer, beat third-quarter profit forecasts as rapid cost savings in Mexico and higher prices helped offset sagging beer sales in its giant Brazilian market.
* Mexican cost savings $325 mln of $1 bln target by end 2016
* AB InBev, SABMiller merger would combine Latam, Africa growth markets
Sept 24 - (The following statement was released by the rating agency)
LONDON, July 31 - European equities rose on Wednesday, kept buoyant by robust data out of the United States and Europe as well as strong earnings releases from major companies.
MEXICO CITY, July 31 - The world's largest beer maker Anheuser-Busch Inbev on Wednesday said it plans to list shares in Mexico in the coming months.
* Brazil beer volume down 0.4 pct, from 8.2 pct drop in Q1
BRUSSELS - Anheuser-Busch InBev , the world's largest beer maker, sold less beer but made more money than expected in the second quarter as drinkers absorbed price hikes and traded up to premium lagers.
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