Strong beer sales in Brazil and northern Latin America drove a solid first quarter for AmBev, the division of Anheuser-Busch InBev.

AmBev today (5 May) reported net sales of BRL6.1bn (US$3.46bn) for the three months to the end of March, up 16.5% on a like-for-like basis against the same period of 2009. Without currency gains, sales rose by 8%.

Strong demand for beer in Brazil, as well as gains across Northern Latin America and Canada drove the brewer to an 11.6% rise in volume sales for the quarter. Soft drinks volumes rose by 2.6% on a like-for-like basis.

AmBev’s results helped parent group Anheuser-Busch InBev to offset tough times for its beer divisions in Western Europe and the US during the three months.

AmBev net profits rose by 4% for the period, to BRL1.65bn versus BRL1.58bn a year earlier. However, group EBITDA fell by 1% to BRL2.8bn, due to higher costs and increased marketing spend in preparation for promoions around the FIFA World Cup.

Subscribe to Just Drinks for just £1 for 1 month

Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the apparel industry’s trajectory and the priorities shaping the profession.

What’s included in your subscription:
  • Personalized Access: Secure login to Just Drinks
  • Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
  • Case Studies & Deep Dives: Real-world applications and in-depth analyses.
  • Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.

Ready to stay informed?

Subscribe to unlock exclusive content.

Already a subscriber? Sign in to access your account.

Just Drinks Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Drinks Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now