On February 4, 2025, AB InBev, the world’s largest brewer, reported better-than-expected fourth-quarter sales, despite an annual decline in volumes. The company’s revenue for the quarter reached $14.84 billion, surpassing analyst forecasts.
- AB InBev reports better-than-expected sales.
- Fourth-quarter revenue increased by 3.4%.
- Full-year sales rose by 2.7%.
- Total volumes declined 1.9% in Q4.
- Weak demand noted in China and Argentina.
- Targeting EBITDA growth of 4% to 8%.
AB InBev, known for its popular brands such as Budweiser, Corona, and Stella Artois, experienced a 3.4% increase in fourth-quarter revenue, totaling $14.84 billion. This figure exceeded the $14.05 billion expected by analysts from LSEG. For the full year, the company reported a sales increase of 2.7%, reaching $59.77 billion, slightly above the anticipated $59.3 billion.
Despite the positive revenue growth, total volumes declined by 1.9% in the fourth quarter and 1.4% for the entire year. The company attributed this decline primarily to weak demand in markets like China and Argentina. The downturn was particularly noted in beer products, while non-beer brands, including Cutwater Spirits and Brutal Fruit Spritzer, showed stronger demand.
- Fourth-quarter revenue: $14.84 billion
- Full-year sales: $59.77 billion
- Quarterly volume decline: 1.9%
- Annual volume decline: 1.4%
Looking ahead, AB InBev expressed confidence in the resilience of global beer demand. The company is targeting EBITDA growth in 2025, aligning with its medium-term outlook of 4% to 8%. This optimistic forecast indicates a commitment to recovery and growth despite recent challenges in volume sales.
In summary, AB InBev’s fourth-quarter results reflect strong revenue growth despite volume declines, driven by challenges in key markets. The company’s focus on non-beer products and a positive outlook for 2025 suggest a strategic approach to navigating the current market landscape.
