AB InBev fourth quarter web revenue beats forecasts; dividend raised

Anheuser-Busch InBev SA BE:ABI stated Thursday that fourth-quarter web revenue rose above market expectations, supported by income progress regardless of a fall in volumes, and raised its dividend payout.

The world’s largest brewer–which homes the Stella Artois and Budweiser manufacturers amongst its portfolio–reported a web revenue of $2.84 billion, up from $1.96 billion in the identical interval a 12 months in the past and forward of a consensus forecast of $2.20 billion, taken from FactSet and primarily based on 4 analysts’ estimates.

Revenue…

Source web site: www.marketwatch.com

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