date:May 08, 2014
umped 17 percent.
The brewer retained a forecast that the Brazilian and Mexican markets would return to growth this year due to the soccer tournament and stronger economies, and this despite a recently announced increase of excise duty in Brazil.
However, it cautioned about higher input and marketing costs, the latter set to increase by a low to mid teens percentage, albeit weighted more towards the first half.
AB InBev shares, which have dropped from all-time highs since the Brazil tax incre