News Formal

AB InBev reports strong earnings as demand recovers

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States News News

Core profit rose 11.8% in the brewer’s year to end-December, near the top of its expected range, with demand in SA recovering to above pre-Covid levels

Anheuser-Busch InBev , the world’s largest brewer, says a recovery in demand in key markets, including SA, helped it deliver core profit growth towards the top end of management’s expectations in 2021.

Group turnover rose 15.6% to $54.3bn, with the maker of Stella Artois and Carling Black Label proposing a 50 euro cent dividend, about a €1bn payout.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alviva set to report huge spike in earningsAlviva Holdings’ headline earnings per share will more than double in the six-month period ended 31 December 2021, with all division delivering.
Source: TechCentral - 🏆 8. / 71 Read more »

Blue Label reports strong growth in core businessBlue Label Telecoms, the JSE-listed provider of electronic tokens on Wednesday (23 February) reported a 5% decline in revenue for the six months ended November 2021, to R9.1 billion.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Spur doubles earnings as Covid-19 restrictions easeRestaurant activity rebounded strongly, particularly in the last three months of 2021, but turnover and profit still remain below pre-pandemic levels
Source: BDliveSA - 🏆 12. / 63 Read more »