October 31, 2013Dear Client: AB InBev posted a decent third quarter worldwide early this morning, with 3% revenue growth and 10.5% EBITDA growth. Not surprisingly, they saw faster-than-expected timing of cost synergies in Mexico with Grupo Modelo. "Our new colleagues quickly embraced the AB InBev culture and ways of working, which has allowed us to implement our integration plan and to start delivering cost synergies much quicker than originally expected." US VOLUMES. In the U.S., selling-day adjusted STRs were down
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