AB InBev sets out new medium-term profit target

The maker of Budweiser and Stella Artois, led since July by CEO Michel Doukeris, has announced a core profit growth target of 4% to 8% over the medium term. In the period 2010-2019, on average EBIDTA increased by 7.3%, before dropping to 2.4% in 2020.

Read the full article.