Thursday August 14, 08:19 AM
Brewing giant InBev posts Q2 profit rise to 542 mln euros
BRUSSELS (AFP) - Belgian-Brazilian brewing giant InBev (Brussels: INB.BR - news) said Thursday it had managed to post an 8.6 percent rise in second quarter earnings to 542 million euros (806 million dollars) despite rising energy and input costs.
The company, already the world's largest brewer but which is trying to swallow its American competitor Anheuser-Busch, beat the forecasts of analysts, who had expected the company to report a drop in earnings.