Top and Bottom-Line Growth
Despite challenging environments, AB InBev delivered another quarter of top and bottom-line growth, with a revenue increase in 70% of markets and EBITDA growth of 3.3% with margin expansion of 85 bps.
U.S. Market Performance
Michelob Ultra became the number one brand by volume year-to-date in the U.S., and Beyond Beer revenue increased in the mid-40s led by Cutwater, which grew revenue in the triple digits.
Share Buyback and Dividend Announcement
AB InBev announced a $6 billion share buyback program to be executed within the next 24 months and an interim dividend of EUR 0.15 per share.
BEES Marketplace Growth
Quarterly GMV of BEES marketplace reached nearly $1 billion, representing a 66% increase versus the previous year.