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AB InBev raises 2022 outlook as beer sales accelerate
BRUSSELS (Reuters) -Anheuser-Busch InBev, the world's largest brewer, reported higher-than-expected quarterly earnings on Thursday as beer sales accelerated, and also raised its 2022 outlook to the top-end of its previous forecast range. The company said it now expects its core profit to rise by between 6% and 8%. It had previously given a range of 4% to 8%, which it maintains as a medium-term outlook. AB InBev reiterated its stance that revenue would grow faster than profit. AB InBev's largest rivals painted a mixed picture of the beer market on Wednesday. Heineken (OTC:HEINY) warned of early signs that European drinkers were cutting back after sales rose by less than expected in the third quarter, while Carlsberg (OTC:CABGY) raised its 2022 forecast despite weakening consumer sentiment. Source: Investing.com #ABInBev
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