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AB InBev reports strong earnings as demand recovers

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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.

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