Inbev targets raising W Europe share of 2006 group EBITDA to above 1 pct
Belgian brewer InBev SA said it is targeting a share of group EBITDA growth for the Western Europe region of over 1 pct in 2006, and in coming years.
The region posted a share of just 1 pct of group EBITDA growth in 2005.
The group also said it expects new products launched in last year and this year to generate around 4 pct of total group regional volumes in 2006.
Steffan Descheemaeker, InBev president for western Europe, told reporters that the brewer is committed to turning around the regions ailing performance ffo the group, which has been one of the industrys most challenging geographic areas.
More: forbes.com
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