US brewing group, Anheuser-Busch, the world's largest brewer, said it is expecting 2002 earnings growth of 14%, at the higher end of its previous forecast, as a result of strong pricing and volume in the US.

The company also forecast third-quarter earnings per share growth of about 13%. Analysts are also expecting earnings to increase by 12.7% for the third quarter and about 14% for the full year, according to Thomson First Call.