United Breweries Expects Q3 Profit Growth to Moderate
United Breweries expects rising raw material costs and higher marketing spending to pressure margins, while regulatory delays have prevented price increases across nearly 30% of its business.
Aanya Thakur Mumbai: United Breweries (UB) expects profit growth to slow in the current quarter as rising raw material costs and higher marketing spending pressure margins, while regulatory delays have prevented price increases across nearly 30% of its business. The maker of Kingfisher beer reporte…