AB InBev reports 34% profit surge

26th February, 2014 by Lauren Eads

The world’s largest brewer has reported a fourth quarter rise in normalised profits of 34% on 2012, with the World Cup promising to boost sales in Brazil.

AB InBev

While many drinks companies are experiencing a slow down in demand and volatile emerging markets, Anheuser-Busch InBev appear to be bucking the trend.

AB InBev’s fourth-quarter net profit was $2.52 billion, compared with $1.74 billion a year earlier representing a 34% increase.

Profits attributable to equity holders rose by 10.2% to US$7.9 billion, or US$4.91 per share, compared to US$7.2 billion, or US$4.50 per share in 2012.

Total revenue increased by 3.3% to US$43.2 billion, attributed to a good performance by global brands which grew by 4.7%.

Sales of Budweiser, the official sponsor of this year’s FIFA world cup, rose by 6.4%, while sales of Corona grew by 3.9%, with a strong performance in Mexico.

Despite favourable profits, total beverage volumes sold around the world fell by 2% in the fourth quarter compared with a year earlier.

In Brazil, the brewer’s second-largest market by sales, beer volumes declined by 4.3% in 2013 which the brewer blamed on “poor weather and high food inflation putting pressure on consumer disposable income”, however it is hoped this year’s World Cup will help to boost sales.

The brewer currently sells more than one in five beers consumed world wide.

Inge Plochaet, business unit president of AB InBev UK, said: “We are pleased with the performance of AB InBev UK’s beer and cider brands in 2013 in a challenging market. Budweiser in particular performed well, with volumes up 3%.

“This was driven by growth in off trade retail and draught distribution in the on trade. With Budweiser as the official beer sponsor of the FIFA World Cup 2014™, we’re looking forward to another exciting year.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

New Business Development Manager Nordic

Concha Y Toro
Stockholm, Sweden

Experienced Administrator

The Drinks Business
Central London, UK

Sales Executive (London – Craft Spirits)

Bimber Distillery
London, UK

2 x Buying Assistants

Berry Bros. & Rudd
Battersea and Basingstoke, UK

Temporary Christmas Sales Support - Wines & Spirits

Harrods
Knighsbridge, London, UK

Head of Wholesale

Hispamerchants Ltd
London, UK

Sales Manager

Hispamerchants Ltd
London, UK

National Sales Manager

Maverick Drinks
Field based, UK

The World Bulk Wine Exhibition

Amsterdam,Netherlands
20th Nov 2017

The Drinks Business Green Awards 2017

London,United Kingdom
20th Nov 2017

The Global Spirits Masters Lunch

London,United Kingdom
1st Dec 2017
Click to view more

Green Awards 2017

Deadline : 25th October 2017

The Global Riesling Masters 2017

Deadline : 30th October 2017

Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more