AB Inbev posts narrow UK volume sales growth
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.”