AB-InBev’s first quarter: profit up, volume sales down
Belgium | People around the world are drinking less beer, at least that by AB-InBev. And yet the group, on 8 May, reported first-quarter net profit of USD 2.15 billion, nearly twice what it was a year ago. Revenue was up 1.5 percent year-over-year to USD 13.6 billion, but volume sales were down 2.2 percent.
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