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Ab InBev profit jumps; strong dollar weighs

2015-05-06 10:38:10| Beverages - Topix.net

Anheuser Busch InBev NV said on Wednesday that a derivatives gain pushed up its net profit sharply in the first quarter, helping offset weak U.S. demand for the group's beers and the impact of a strong dollar on revenue from the rest of its global beer empire. AB InBev, the world's largest brewer, said net profit jumped to $2.68 billion in the three months to end-March from $1.37 billion in the same period a year ago.

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