AB Inbev posts narrow UK volume sales growth

07 May, 2014

AB-Inbev has reported volume sales grew 0.6% over the past quarter in the UK market.

Globally profits grew $1.4 billion in the January to March period, but this is a 22% drop on the same period last year when profits grew $1.8 billion.

Growth was driven by Chinese and Brazilian markets, while volume sales in the US rose 2%.

Inge Plochaet, president at AB InBev UK, said: “The year has got off to a strong start, with volumes up 0.6% in the UK and Budweiser continuing to perform particularly well.

“We are looking forward to building on these results in the next quarter, with Budweiser as the official beer sponsor of the FIFA World Cup 2014.”




Bookmark this


Site Search

COMMENT

Rosé tinted glasses

I was asked recently what I thought the biggest change had been in wine fashion in the past five years. My answer was unequivocal: sales of pink wines. From being a niche that expanded and contracted with the sunshine, rosé has subtly but steadily become a stalwart of many merchants’ ranges, with Provence firmly at the top and asked for by name.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter