InBev Shipments Down In First Quarter

INBEV SHIPMENTS DOWN IN FIRST QUARTER. InBev posted a somewhat tough quarter in the U.S. as it continues to transition its European imports to Anheuser-Busch. While all regions gained revenue (9.3% overall), volumes were lower in North America as compared to the first quarter last year, down 2.3% yoy, while shipment volumes declined 9.4%."The first quarter wasn't great for shipments...but after the transition is finished...we'll have a great synergy effect," said Carlos Britos, InBev CEO.InBev said that North American margins