Anheuser-Busch InBev third quarter revenue up 4.5%
The world's largest brewer Anheuser-Busch InBev said on Thursday its revenue grew by 4.5% in the third quarter, while total volumes were up 0.2%.
AB Inbev said good growth in own beer volumes achieved in Europe, Mexico and many African markets during the quarter were partially offset by Brazil and Argentina. In the first nine months of 2018, total volumes were up 0.3% with own beer volumes up 0.6% and non-beer volumes down 3.1%.
Combined revenues of the company's global brands Budweiser, Stella Artois and Corona continued to grow in the third quarter, with revenues up 7.7% globally and 10.6% outside of their home markets. In the first nine months of the year, the combined revenues grew by 8.7% globally and by 13.3% outside home markets.
AB Inbev said the business integration with South African Breweries was progressing well, with synergies and cost savings of $229-million captured during the third quarter and $588-million captured during the first nine months.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation