News

GLOBAL: Anheuser-Busch InBev lifts nine-month profits on flat beer demand

Most popular

The opportunity for no-alcohol in the on-premise

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

The just-drinks Analyst returns

How should adult soft drinks be sold to consumers?

Anheuser-Busch InBev Performance Trends 2014-2018

MORE

 

  • Nine-month normalised net profits (excluding M&A and currency) rise by 7.4% to US$9.06bn
  • Net sales up by 4.2% to $29.2bn
  • Normalised EBITDA rises by 5.9% to $16.55bn
  • Budweiser brewer still losing consumers in US, higher prices lift results

 

Higher prices have helped Anheuser-Busch InBev to increase profits and net sales in the first nine months of 2011, despite the brewer selling the same amount of beer as last year. 

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

Consumer demand for Anheuser-Busch InBev's beer proved sluggish in Brazil and continued to decline in the US and Western Europe in the nine months to the end of September, the Budweiser and Stella Artois brewer said today (9 November). Despite this, higher pricing helped the group to lift net sales by 4.2% on the same period of 2010, to US$29.2bn.

Beer price rises also fed into operating profits, with normalised earnings before interest, tax, depreciation and amortisation (EBITDA) up by 5.9% to $16.55bn. So-called normalised net profits, which exclude currency swings and the impact of acquisitions and disposals, increased by 7.4% to $9.06bn.

Budweiser continued to lose market share in the US, albeit at a lower rate, but growing demand in other markets, from the UK to Russia to China, helped the brand to increase volume sales by 2.5% for the nine months and by almost 7% for the third quarter.

In the third quarter, A-B InBev's own-beer volume sales dipped by 0.6% on the same period of 2010. However, net sales increased by 3.6% to $10.2bn. Normalised EBITDA rose by 5.5% to $3.96bn and normalised net profits increased by 16.2% to $1.73bn.

To view the company announcement, click here.


Related Content

Anheuser-Busch InBev defends itself against Patagonia beer lawsuit

Anheuser-Busch InBev defends itself against Patagonia beer lawsuit...

Anheuser-Busch InBev Q1 2018 - results data

Anheuser-Busch InBev Q1 2018 - results data...

Anheuser-Busch InBev Q1 2017 by region - results data

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

Has Anheuser-Busch InBev reached the limits of its M&A aspirations? - results data

Has Anheuser-Busch InBev reached the limits of its M&A aspirations? - 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?