Companies / Belgium
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InBev Sales Decline As Price Inflation Dents Demand
May 2008 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Shares in the world's second largest brewer InBev tumbled by 7% on May 8 2008 after the firm reported a drop in sales in key emerging markets. Volume sales slumped in Brazil, its biggest market, and also fell in China and Russia. With beer sales stagnant in many developed economies, including Western Europe and North America, these three markets are expected to provide the backbone for many brewers' future growth, and, if sales here are also starting to stagnate, then it is not only InBev that has cause for