BELGIUM: Interbrew expects EBITDA to fall short of consensus
The Belgian brewer Interbrew has indicated that core profits for the year may come in below consensus forecasts, because of pension costs and foreign exchange discrepancies. Interbrew spoke to analysts yesterday, updating them on its targets and performance for the year. The brewer reportedly is seeing its earnings before interest and tax (EBIT) coming on target and earnings on a per-share basis reaching €1.5.
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