The world’s largest brewer, Anheuser-Busch InBev, reported better-than-expected profit growth on Thursday, citing signs of a turnaround in recession-racked Brazil, its second-biggest market, which has struggled to grow alcoholic beverage sales.
Its U.S. share prices closed up more than 5 percent on Thursday.
Beer volumes picked up in Brazil from January to March, according to the brewer, which operates such brands as Budweiser, Stella Artois and Corona.
