A-B Inbev profits slip

Published: (20-03-2009)

Written by: Richard Ross

Anheuser-Busch Inbev has reported significantly reduced fourth quarter profits, following the merger of the Belgian and American brewing heavyweights.

The profits were 41% down on the same period in the previous year due to the integration costs surrounding the $52 billion takeover, and poor beer sales.

A-B InBev reported €49 million ($66.7 million) in profit for the last three months of 2008, compared to €900 million ($a year earlier. Total..

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