Revenue at AB InBev grew 4.5% in the third quarter of 2018, the company reports today, with own beer volumes growing by 0.5%.
Combined revenues of global brands Budweiser, Stella Artois and Corona continued to grow this 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 of their home markets.
Jason Warner, the company’s president North Europe, said: “We have seen a strong third quarter for our UK business. Year to date we have grown ahead of the market in both volume and value, helped by a summer of sport and big campaigns from our global brands.
“As the official beer of the FIFA World Cup, Budweiser lit up the globe’s biggest sporting event with our most ambitious campaign to date. Even post-tournament, Budweiser remained the number one contributor to volume and value growth across total trade.
“Bud Light also jumped in on the action, as it announced in August that it was becoming the official beer of the England men’s senior team.”
