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US drag fails to hinder Anheuser-Busch InBev in 2023 – results data

Olly Wehring
Last updated: 29/02/2024 at 11:43 AM
By Olly Wehring
29 February 2024
4 Min Read

Anheuser-Busch InBev has admitted that its “full potential was constrained” in 2023, although 12-month sales still came in up on the year prior.


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Final-quarter sales increase 6.2% - beating Q3's +5% - to US$14.47bn 2023 sales rise 7.8% totalling $59.38bn The US slides 17.3% in Q4 - -9.5% in full year Europe up "high-single digits" in 2023, China jumps 12.3% The +6.2% top-line performance from the three months to the end of December represented an improvement on the showing in the previous quarter, belying the struggles faced in the US. The country's beer market, described by the group today as being "resilient",  proved challenging for AB InBev, with Q4 sales tumbling by just over 17% due to volume falls for the Bud Light brand. Fo

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TAGGED:AB InBev
Olly Wehring
ByOlly Wehring
Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.
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