![World-renowned chef and healthy eating advocate Jamie Olivier has joined forces with Checkers to endorse its new partnership with Discovery Vitality’s healthy food benefit.Image supplied.](https://biz-file.com/c/2409/749717-64x64.jpg?2)
Subscribe & Follow
Jobs
- Vinyl Cutter and Laminator Goodwood
- Driver Johannesburg
- Junior Graphic Designer Cape Town
- Branch Manager/New Business Developer - Paper Bags and Food Packaging Cape Town
- General Accounts Clerk Vaal
- QC Learnership Vereeniging
- Senior Bookkeeper Irene
- DIE Cutting Operator Durban
- Electronic Workshop Technician Vereeniging
- Senior Bookkeeper Centurion
AB InBev reports better than expected third quarter
![Budweiser's St Louis brewery. Image: AB InBev](https://biz-file.com/c/1311/154821.jpg)
For the three months to September, the company reported a net profit of US$2.20bn, up 19.6% compared with a profit of US$1.84bn a year ago.
The result was better than expected as analyst forecasts compiled by Dow Jones Newswires had put profit at US$2.10bn. Earnings before tax, interest, depreciation and amortisation grew by 10.5% to $4.66bn against a lower analyst forecast of US$4.61bn.
Third-quarter sales also exceeded expectations, growing three percent to US$11.7bn but total volumes in the third quarter declined by 1.3%.
"We are not satisfied with our top line performance this year which continues to be hurt by macroeconomic headwinds in a number of our markets," the company said. "However, we remain focused on what we can do to influence the markets. We are concentrating on doing the right things to build a healthy business for the long-term," it added in a statement.
AB InBev was formed in 2008 by the merger of Belgian-Brazilian group InBev and US brewing company Anheuser-Busch. It has some of the world's top selling beers including Budweiser and Stella.
Source: I-Net Bridge
![](https://biz-file.com/b/1206/36520.gif?3)
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za![](https://cdn.bizcommunity.com/f/2408/Loeries-Tote-bag-competition.gif)
![](/res/img/s.gif)