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Your email address will not be published.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 *

Subscribe to our newsletters

Job vacancies

FINE WINE SALES ADMINISTRATOR

Davy's Wine Merchants
London, UK

Business Development Manager - On Trade

FINE+RARE
Central London, GB

Regional Sales Manager

Swallow Associates Ltd
Home Based: North-West England, UK

London Account Manager Role (Full Time)

LITTLE BIRD GIN
Home based with UK travel. , GB

Sales Operations Manager

Bibendum PLB
London, UK

Digital Marketing Executive (online content & community manager)

Corney & Barrow Limited
London E1W (near Tower Bridge), UK

Store Manager – Premium Drinks

Amathus Drinks PLC
London, UK

On-Trade Regional Sales Manager

Anthony Byrne Fine Wines
London and the South East, UK

Wine Sales – Northwest England

Gerrard Seel
North West England

Senior On-Trade Sales Manager – English Sparkling Wine Company

COREcruitment
London based with national travel, UK

National Account Manager – RTM – On Trade

COREcruitment
Home based with frequent UK travel

Sales Account Manager - Wine

COREcruitment
London, Devon, Manchester, Liverpool, Farnham, Cambridge, UK

The Global Sparkling Masters 2017

Deadline : 14th June 2017

The Global Syrah Masters 2017

Deadline : 14th June 2017

The Global Malbec Masters 2017

Deadline : 14th June 2017

The Global Beer Masters 2017

Deadline : 1st August 2017

Click to view more

Global Chardonnay Masters 2016

Now in its fourth year, the competition will identify the best Chardonnay from all around the world in every price range.

The Asian Cabernet Sauvignon Masters 2017

the drinks business Hong Kong announces its first year of The Asian Cabernet Sauvignon Masters.

Rioja Masters 2016

Now in its fifth year, the competition will recognise and reward the finest Riojas on the world stage.

Fortified Masters 2016

Now in its third year, The Fortified Masters will reward the best fortified wines on offer.

Click to view more