A-B InBev revenues dive as coronavirus hits hospitality trade

Anheuser-Busch InBev’s first-quarter profits were severely hit as the coronavirus pandemic forced the closure of bars, sports venues and restaurants, cutting off a significant source of sales for the world’s largest brewer. The brewer of brands such as Budweiser and Stella Artois revealed that with beer volumes collapsing by a third in April, it expects…

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