AB InBev Beats Forecasts as Global Sales Volumes Rise
The world's largest brewer reported a surprise 0.8% increase in volumes for the first quarter as premium global brands and canned cocktails boosted performance. Shares rose nearly 7% after the company exceeded revenue and profit expectations despite macroeconomic challenges and rising costs.
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ANHEUSER-BUSCH INBEV SA/NV reported a 0.8% rise in beverage volumes during the first quarter, ending a sales slide that began in 2023. The world’s largest brewer saw shares climb nearly 7% as revenue and profit figures surpassed market forecasts. This recovery signals a stabilizing beer market for investors after a period of declining consumption and high inflation.
