Bud Brewer AB InBev Returns to Volume Growth
By Joshua Kirby
Budweiser maker Anheuser-Busch InBev said it is confident that further investment can fuel growth ahead after booking a swing to positive volumes at the start of the year.
The world's largest brewer, which also counts Stella Artois and Corona among its labels, booked a 0.8% organic increase in total volumes over the first three months of the year, ending a period of sliding volumes as drinkers cut back against a backdrop of high inflation and growing health trends. AB InBev's beer volumes rose 1.2% on year over the quarter, driven by growth in the South and Middle Americas and EMEA markets, while nonbeer volumes fell back.
Growth in volumes--beating analysts' expectations for a continued slip, per a consensus of estimates compiled by the company--drove a better-than-expected increase in the company's revenue, which rose 5.8% on year to $15.27 billion. Adjusted net profit rose to $1.92 billion.
For the year, AB InBev expects earnings before interest, taxes, depreciation and amortization to grow in line with a medium-term outlook of 4% to 8%.
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
May 05, 2026 01:38 ET (05:38 GMT)
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