0608 GMT - AB InBev delivered a better-than-expected quarter supported by the resilience of its geographically diverse footprint, RBC Capital Markets analysts James Edwardes Jones and Wassachon Udomsilpa say in a note. The brewer's stand-out performance was South America, helped by both volume and pricing, with Brazil driven by premium and super premium brands, they say. However, it underachieved in North America--despite market share growth--and missed market expectations in the region, they say. In China, a weak industry context was exacerbated by inventory management phasing, they add.(michael.susin@wsj.com)
(END) Dow Jones Newswires
May 08, 2025 02:08 ET (06:08 GMT)
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