Analysis

Focus - Anheuser-Busch InBev's Q1 Performance by Region

Most popular

Why brown spirits is behind low- & no-alc curve

Pernod is back in Kentucky, but why did it leave?

Anheuser-Busch InBev Performance Trends 2014-2018

How UK craft brewers are winning with Generation Z

Mainstream media is confusing spirits' consumer

MORE

Earlier today (7 May), Anheuser-Busch InBev reported a rise in first-quarter group sales, but net profits were dragged down by higher finance costs. Here just-drinks takes a look at the brewer's performance in its global markets: 

//i2.aroq.com/1/Logo_ABInBev.jpg

North America

Sales in the region rose by 3.3% to US$3.78bn on an organic basis, the brewer said. Volumes were up 1.7%. Operating profits were flat at $1.47bn.

In the US, sales to wholesalers rose by 2.1%. However, sales to retailers fell by 2.6%, with “unfavourable” weather and a late Easter being blamed. Budweiser's market share fell by around 25 basis points, the group estimates. But Michelob Ultra and its “high-end” brands – Stella Artois, Shock Top and Goose Island – gained around 20 basis points of share. “We continue to invest behind our high-end brands, with a heightened focus on the on-trade,” the statement said. 

Latin America (North) 

The brewer saw Q1 sales jump by 18.5% in the region to $2.66bn. Volumes rose by 8.4%, while operating profits came in up 15.2% at 1.27bn. The performance was led by Brazil, where the company's own beer volumes rose by 10.9%, boosted by “very good weather” in January and February and the late timing of Carnival.

Mexico (Grupo Modelo)

Sales grew by 2.2% on an organic basis to $1.04bn, A-B InBev said. Volumes in the region were up slightly, by 0.9%. Operating profits rose by 27% to $431m. Volumes for the Corona portfolio grew by “over 10%” helped by an on-trade FIFA World Cup promotion. “We are also pleased with the performance of Bud Light, and have recently launched Stella Artois, which we believe has significant growth potential in the super premium segment,” the company said. 

Europe 

Sales in the quarter rose on an organic basis by 1% to $985m. A-B InBev's own beer volumes in the region slipped by 5.3%, while operating profits fell 2% to $193m. In Russia, the company's own beer volumes fell by 10% as the industry continues to feel the effects of government restrictions. In Belgium, beer volumes fell by 3.1%, while in Germany volumes slipped by 6.4%, with a pricing increase being blamed. In the UK, the group's own beer volumes were flat.

Latin America (South) 

Q1 sales rose by 21.5% to $791m, the group said. Volumes grew by 3.9%, while operating profits, on an organic basis, leapt by 22% to $366m. In Argentina, A-B InBev's beer volumes grew by 5.1% due to an “easy” comparable and “innovations”.

Asia-Pacific 

The group's sales grew by 16.1% to 858m on an organic basis in the region. Volumes climbed by 9.5%, while operating profits leapt by 46.3% to 173m. In China, volumes rose by 9.4%, while sales climbed by 15.9% to $853m. A-B InBev said the volume growth was due to “our most successful Chinese New Year campaign”.


Related Content

Anheuser-Busch InBev's Q3 performance by region - Focus

Anheuser-Busch InBev's Q3 performance by region - Focus...

Anheuser-Busch InBev Q1 2017 by region - results data

Anheuser-Busch InBev Q1 2017 by region - results data...

Anheuser-Busch InBev's Q2 performance by region - Focus

Anheuser-Busch InBev's Q2 performance by region - Focus...

Anheuser-Busch InBev's YTD 2017 by region - results data

Anheuser-Busch InBev's YTD 2017 by region - results data...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?