AB InBev Q2 profit and revenue beat forecasts
AB InBev Q2 profit and revenue beat forecasts LONDON, July 30 (Reuters) - Top brewer Anheuser-Busch InBev ABI.BR on Thursday reported forecast-beating revenue, profit and volumes in the second quarter, boosted by higher demand in markets across the Americas and the soccer World Cup.
AB InBev, the largest beer maker by market value, posted a 5.8% rise in organic operating profit, higher than the 4.6% growth expected by analysts in a company compiled consensus.
The maker of Stella Artois and Corona beer also grew volumes by 0.9%, marking the second consecutive quarter of growth after years of declines.
(Reporting by Emma Rumney; Editing by Muralikumar Anantharaman)
((Email: emma.rumney@thomsonreuters.com; Phone: +44 7391 409 253))
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