FILE PHOTO: The emblem of Anheuser-Busch InBev is pictured exterior the brewer’s headquarters in Leuven, Belgium February 28, 2019. REUTERS/Francois Lenoir/File Photograph
BRUSSELS (Reuters) – Anheuser-Busch InBev (ABI.BR), the world’s largest brewer, beat earnings expectations within the second quarter after beer gross sales grew at their quickest tempo in 5 years.
The maker of Budweiser, Corona and Stella Artois stated on Thursday that earnings earlier than curiosity, tax, depreciation and amortization (EBITDA) rose by 9.4% on a like-for-like foundation to $5.86 billion, in contrast with the $5.73 billion consensus primarily based on Refinitiv knowledge.
Reporting by Philip Blenkinsop; modifying by Gopakumar Warrier