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Beer market isolated from supply chain woes, CEO of Budweiser-maker AB InBev says - TL;DR CNBC

Beer market isolated from supply chain woes, CEO of Budweiser-maker AB InBev says

Publishing timestamp: 2024-01-12 09:55:05


Summary

The CEO of AB InBev, Michel Doukeris, stated that the beer industry should be resilient to supply chain challenges caused by disruptions in the Suez Canal. He explained that the advantage of sourcing ingredients locally and producing and distributing beer locally helps to isolate the effects of these disruptions. Doukeris also mentioned that AB InBev has announced a partnership with the Olympics for the upcoming games in Paris 2024, Milan 2026, and Los Angeles 2028.


Sentiment: NEUTRAL

Tickers: ABI-BE

Keywords: economybeveragesbreaking news: marketsbreaking news: economymarketsbusiness newsanheuser-busch inbev sa

Source: https://www.cnbc.com/2024/01/12/beer-market-isolated-from-supply-chain-woes-budweiser-owner-says.html


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