Anheuser-Busch Optimistic About U.S. Beer Sales and Profitability
February 21, 2008
BOCA RATON (Feb. 21, 2008) - Anheuser-Busch management reviewed the company’s strategies to accelerate U.S. beer sales and profitability, and reaffirmed the company’s 7 to 10 percent long-term earnings growth objective, in a presentation given at the Consumer Analyst Group of New York Conference today.
“Over the past year, we have broadened our portfolio to enhance our participation in faster-growing high-end categories and initiated a major transformation of our selling system to better position our company for long-term growth. Our top priority in 2008 is to accelerate core beer sales and profitability,” August A. Busch IV, president and chief executive officer of the company, said to the investors and analysts.
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