5 Mar 2010

Brewing profit up

12:19 pm on 5 March 2010

The world's largest brewer, Anheuser-Busch InBev, made a profit of $US1.28 billion in the last quarter of 2009.

That was significantly higher than the $US29 million profit it made in the last three months of 2008 when the company faced high costs linked to InBev's takeover of Anheuser.

The group, whose brands include Stella Artois, Becks and Budweiser,

said the integration was now "essentially complete".

Revenues in the quarter rose 3.7% to $US9.3 billion. For all of 2009, profit rose to $US4.6 billion from $US1.9 billion in 2008.