Financial Times FT.com

AB InBev cost cuts offset lower demand

By Stanley Pignal in Brussels

Published: November 12 2009 08:13 | Last updated: November 12 2009 10:14

Anheuser-Busch InBev, the world’s largest brewer, said the financial impact of slower beer sales in the third quarter were partly offset by price rises and cost cuts.

The Belgian company behind Budweiser, Stella Artois and Beck’s brands poured a total of 107 thousand hectolitres of mainly beer in the third quarter, a 5 per cent decline on the same period last year.

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