AB InBev might have been expected to benefit from the Rio Olympics but instead its volumes in the country fell by 5.1 per cent Kevin Coombs/ReutersOptimism generated by the £79 billion takeover of SABMiller, completed this month, was quickly overshadowed as Anheuser-Busch InBev reported one of the worst quarters of trading in memory. The brewer behind brands including Budweiser, Beck’s and Stella Artois was yesterday forced to revise full-year forecasts sharply lower following a surprise slump in trading in Brazil, its second-biggest market after the US, in the three months to the end of September. It said that its third-quarter results in Brazil had been “very weak due to a challenging consumer environment, a tough volume comparative with the third quarter of 2015 and the…

Source: The Times October 28, 2016 16:01 UTC