AB-Inbev records double digit growth in the UK
Stella Artois and Budweiser brewer has reported double-digit growth in the UK in the first nine months of 2017.
The company said in its latest financial statements, released today, that the company had seen a “strong commercial performance” in the UK and market share gains in most of its markets in western Europe.
Overall, AB-Inbev’s revenue rose 5.4% in the third quarter of this year, against the same period a year ago, and the first nine months of 2017 were up 4.1%.
Jason Warner, president, AB-Inbev North Europe, said: “Our UK business is continuing its strong momentum in 2017, as shown by this quarter’s top-line growth in a soft market.
“We are leading the premium lager category with an unrivalled portfolio of high-performing, global brands and also having a big impact on the core lager category, which is now back in growth, largely thanks to the arrival of Bud Light earlier this year.
“Of our global brands, Stella Artois holds its position as the UK’s number one alcohol brand and best-selling beer brand in the off-trade, followed by Budweiser, which is growing fast and is now the biggest contributor to category growth.
“Corona remains the best-selling world lager brand and has had a fantastic quarter, with its presence at summer festivals around the country.
“The rest of the year will be important for the UK as we continue to focus on growing the category, supporting our retail and on-trade partners and exciting consumers with our plans for Christmas and 2018.”