AB Inbev helped by Brazil sales

first_img Share whatsapp KCS-content Anheuser-Busch InBev yesterday reported a rise in third quarter profit, as a strong performance in emerging markets offset weakness in the US and Europe. The company, which brews Budweiser and Stella, said it expects the fourth-quarter of this year to be stronger than the third-quarter. Volumes in emerging markets such as Brazil and China rose 12.5 per cent and 8.1 per cent respectively, offsetting volume declines of 1.5 per cent in the US and 4.5 per cent in western Europe. The company said it is encouraged by consumers moving to premium, higher margin brands, such as Bud Light, in the US. The company is aiming to make more than £3m in cost savings. whatsapp AB Inbev helped by Brazil sales center_img Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDirect HealthyKate Silverton’s PartnerDirect Healthythedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com Wednesday 3 November 2010 9:24 pm Tags: NULLlast_img read more

SSE to hike dividend despite earnings drop

first_img SSE to hike dividend despite earnings drop Wednesday 10 November 2010 6:19 am Share Show Comments ▼ Scottish & Southern Energy Britain’s second-largest electricity generator, said it was sticking to plans to raise its dividend, when posting lower first-half earnings that beat expectations, lifting its shares.High wholesale gas prices and low renewable energy output led to a 6.1 per cent decline in adjusted first-half pretax profit which came in at £386m.“SSE’s key financial objective is dividend growth, and we are on course to meet our target of a two per cent real increase for the full year 2010/11, while maintaining a dividend cover in line with our established range,” chairman Robert Smith said.Perth, Scotland-based SSE, which has 9.9m customers, raised its interim dividend 6.7 per cent to 22.4 pence.Bank of America Merill Lynch analyst Fraser McLaren said the results were slightly ahead of expectations and brought a sense of clarity which will support medium-term growth prospects.He raised his rating on SSE stock to “buy,” saying: “With the stock having underperformed the UK utilities since June, we see the renewed clarity and management confidence as positive.”“The past six months have not been easy, with low renewable energy output and higher wholesale gas costs contributing to a challenging business environment,” Smith said. whatsapp More From Our Partners Fort Bragg soldier accused of killing another servicewoman over exthegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comColin Kaepernick to publish book on abolishing the policethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comMark Eaton, former NBA All-Star, dead at 64nypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comConnecticut man dies after crashing Harley into live bearnypost.com whatsapp John Dunne Tags: NULL last_img read more