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UB expects Q3 profit growth to moderate on rising costs

United Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regula...

UB expects Q3 profit growth to moderate on rising costs
Source: Economic Times - NRI

United Breweries expects slower profit growth this quarter as raw material costs and marketing expenses increase. Regulatory delays are inhibiting price increases for nearly 30% of their operations, particularly in southern states. The company forecasts gross margins to decline slightly from the previous quarter's figures. United Breweries is prioritizing profitability over market share in specific regions amid intensified competition.

SOURCE: Economic Times - NRI
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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