Brewer AB Inbev benefits from Football World Cup
27-Jul-2018
- Belgium
The world's largest brewer AB InBev benefited from the World Cup and good business in Latin America in the second quarter. However, there were problems in Europe and the USA. Adjusted for currency effects and the consequences of sales and acquisitions, sales rose by almost five percent to 14 billion US dollars (12 billion euros), the supplier of brands such as Beck's, Budweiser, Corona and Stella Artois announced on Thursday in Leuven, Belgium.
Earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted for special effects, rose by seven percent to $5.6 billion. However, with a market value of 184 billion euros, the most valuable company in the euro zone fell short of experts' expectations in terms of both growth and operating profit.
Other news from the department business & finance

Get the food & beverage industry in your inbox
From now on, don't miss a thing: Our newsletter for the food & beverage sector brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.