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AB InBev beats expectations with more beer, higher prices -Breaking

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© Reuters. FILE PHOTO: Packs of Bud beer are displayed on the market at a Metro money and carry retailer in Kiev, Ukraine, August 17, 2016. REUTERS/Valentyn Ogirenko

BRUSSELS (Reuters) – Anheuser-Busch InBev reported larger than anticipated earnings within the first quarter on Thursday, as shoppers purchased extra of its beer and accepted larger costs.

The world’s largest brewer mentioned income grew 11.1% within the Jan-March interval, whereas core revenue (EBITDA) was up 7.4% at $4.49 billion. Each will increase exceeded forecasts for rises of seven.6% and 4.6%, respectively, in a company-compiled ballot.

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