AB InBev has greater profit with higher prices in Brazil

Anheuser-Busch InBev, the world's largest brewery, has raised more than expected its first-quarter profit after increasing prices and sell more premium beers in Brazil and in China, offsetting sales much lower in the United States.
The consolidated sales volume fell 1.2 per cent, mainly due to the low of 6 percent in sales to u.s. wholesalers, which lifted stocks last year before collective bargaining.
However, the company sold more of its global brands with higher prices. Budweiser's sales volumes, which are larger now outside the u.s. than inside, climbed 6.2 percent, with particularly strong growth in Brazil and China.
"So the fact that she exceeded expectations due to strong prices in Brazil," said Bernstein Research Analyst Trevor Stirling, adding that the company also won in Brazil with investment incentives, such as the construction of new breweries.
In Brazil, the second-largest beer market of AB InBev and the world in terms of profit, sales were virtually unchanged, but the company managed to increase the revenue per hectolitre in 11 percent.
The AB InBev hopes to raise revenue in Brazil in a digit percentage of medium to high in 2015, with help of premium beers. However, see little room for increasing volumes a year after the country host the World Cup.
Ebitda (stands for earnings before interest, taxes, depreciation and amortization) of the company in the first quarter rose 11 percent on annual basis to 3.97 billion dollars, compared with average expectations of 3.93 billion dollars, according to analysts polled by Reuters.