E-Malt.com News article: Belgium: KBC raises InBev 2Q EPS estimate to EUR0.57

KBC raises InBev 2Q EPS estimate to EUR0.57 from EUR0.54 due to strong outlook for sales and margins in Western Europe, Dow Jones Newswires said September 05.

Is sees the boost coming from soccer World Cup in June-July. KBC said 2Q results, published September 7 should be "fairly solid." The broker keeps accumulate rating and EUR40 target price. Shares traded +0.7% to EUR40.75.


06 September, 2006