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AB InBev profit rise limited by World Cup marketing spend
date:May 08, 2014
s year.

In its largest market, the United States, an exceptionally cold winter meant fewer people went out to bars and restaurants. AB InBev's sales to retailers declined by 2.6 percent, slightly more than the industry average.

The world's top brewers are relying on Latin America, Asia and Africa for growth amid subdued consumer spending in recovering Europe and limited U.S. expansion.

World number four Carlsberg (CARLb.CO), the largest player in Russia, cut its 2014 forecasts for profit and

12/25 23:51