InBev is to increase the focus on cost savings across its Western European operations.

The group published better than expected third quarter results today, and, after the press conference CEO John Brock said the drive to reduce costs in the region would "accelerate."

He added that the brewer would go on "relentless attack" on costs in all its businesses. However, he said Western Europe is "right at the top of that list".

InBev, the world's largest brewer by volume, posted an 11.7% rise in earnings before interest, tax, depreciation and amortisation (EBITDA) for the third quarter, on the back on volume growth of 6.8%.

EBITDA for the quarter reached €966m, not only 11.7% up year-on-year but well ahead of analysts' forecasts which had averaged around €924m. Revenue grew by 8.4% for the quarter and by 7.3% for the nine months on an organic basis.