Monthly Archives: May 2022

AB InBev sells more beer, consumers swallow higher prices

Anheuser-Busch InBev (ABI.BR) reported higher than expected earnings in the first quarter on Thursday, as consumers bought more of its beer and accepted higher prices, prompting it to repeat its outlook for growth this year. The world’s largest brewer said earnings before interest, tax, depreciation and amortisation (EBITDA) would rise between 4% and 8% in 2022, in line with its medium-term growth

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Thai Beverage Billionaire Revives Plan To List Regional Beer Unit In Singapore

Thai Beverage—controlled by Thai billionaire Charoen Sirivadhanabhakdi—has revived plans to list its regional beer business on the Singapore bourse, with the move seen boosting the growth potential of its brewery unit and the group. “The board sees significant growth potential in the beer business and believes that the potential can better be developed with a dedicated board of directors and management

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