Friday, October 28, 2016

Beer brewer AB-InBev has the burden of economic crisis in Brazil – NU.nl

That is largely responsible for ensuring that the largest bierconcern in the world in the third quarter, less beer to the man knew.

The total sales volume was 0.9 per cent down, partly due to a decline of more than 4 percent in Brazil. Because AB InBev beers to be more expensive knew how to sell, took the comparable turnover by 2.8 percent to 11.1 billion dollars (10.2 billion euros).

operating profit (ebitda) however fell by the downturn in the Brazilian market, with 2 percent to $ 4 billion.

The net profit went up by almost 60 percent to 557 million euros. That result was affected by costs that AB InBev had to make for the acquisition of SABMiller, on October 10, was completed. This fusion has the numbers 1 and 2 on the global beer market under one roof. Heineken is now the second largest brewer in the world.

SABMiller

The results of SABMiller are only from the fourth quarter in the books. AB InBev came up with an interim handelsbericht about the state of affairs at his new daughter. Apart from the brands that had to be disposed of to competition concerns against the merger, such as Grolsch, went to the sales volume with 3 percent down. Especially in Asia knew SABMiller less beer to wear off.

AB InBev because of the poor performance in Brazil, his expectations for the whole of 2016 what should temper. Now it goes from a revenue growth in line with inflation, which has been a stronger increase was provided.

By: ANP

LikeTweet

No comments:

Post a Comment