Food Industry News

AB InBev has shown a weak start in the beginning of the year

Net profit brewer Anheuser-Busch InBev in the I quarter of the year fell in 2016 2,7 times compared to the same period of 2015 years - up to $ 844 million, the RNS referring to the official data from the company accounts.

The company's revenue decreased by 3,1% - up to $ 9,4 billion net revenue increased 4,6% in Europe..

Sales fell by 1,7% -. To 104,87 thousand hectoliters, the main cause of what has become a complex macroeconomic situation in Brazil. At the same time, the fall was not as noticeable due to increased sales volumes in Mexico to 13%.

beer sales volume in Europe AB InBev grew 2,5% in the first quarter of the year 2016, due to higher sales of premium brands in Russia, Ukraine, France, Italy and the Netherlands. Increased sales volumes in the UK, while they declined in Germany and Belgium. beer sales in Russia remained the same, the company said, without giving exact figures.

Earnings per share in the first quarter was $ $ 0,51 1,4 against a year earlier.

See also ... 26/02/2016 AB InBev's profit in 2015 fell by 12,7% 12/11/2015 AB InBev launched a merger with SABMiller14 / 10/2015 AB InBev and SABMiller agreed to merge15 / 04/2016 AB InBev will support beer industry in South Africa13 / 04/2016 AB InBev will sell Peroni and Grolsch for SABMiller17 / 09/2015 Media: The merger of the leaders is getting ready for the beer market 27/02/2014 AB InBev expects sales to grow in Brazil and Mexico08 / 10/2015 SABMiller rejected the offer to merge AB InBev26 / 03/2014 AB InBev closes a plant in the Russian Federation due to a market drop20 / 04/2016 Japanese Asahi buys European beer brands13 / 01/2016 AB InBev will be forced to pay taxes01 / 08/2014 Profit of AB InBev increased arya futbolu07 / 05/2015 AB InBev increased its profit while reducing prodazh17 / 03/2016 AB InBev places bonds for € 9 billion 16 AB InBev seeking loans to buy SABMiller

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