The two JSE-listed giants completely changing themselves for all to see
- AB InBev and British American Tobacco are indeed changing their product offerings, shifting away from traditional beer and tobacco products to offer more diversified product mixes.
- The companies are pivoting towards non-alcoholic beverages and smokeless products, with AB InBev reporting a 27% increase in revenue from non-alcoholic beverages and BAT's smokeless products accounting for 19.8% of group revenue.
- The move is seen as a positive step for the companies' growth, with analysts pointing to the potential for new avenues of growth and the ability to diversify away from traditional markets.
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