AB InBev Sales, Profit Increase on Bud Light Platinum

Anheuser-Busch InBev NV, the world’s biggest brewer, reported higher sales and profit in the first quarter after U.S. beer shipments were aided by sales of Bud Light Platinum and Stella Artois.

Revenue in three months ended March 31 gained 6.2 percent, excluding acquisitions, disposals and currency fluctuations, the Leuven, Belgium-based company said in a statement. The median estimate of eight analysts was for a 6.6 percent increase, and represented a 1.8 percent advance in the volume of beer sold.