"AB InBev reported a 2.4% decline in beer sales volumes for the third quarter of 2024 but saw a 2.1% gain in revenues due to premiumization and price inflation."
"Despite a weak performance in its core beer portfolio due to soft sales in China, AB InBev noted that premium brand sales helped stabilize revenues in Europe, which remained flat overall."
"The company's Corona brand stood out with a remarkable 10.2% global revenue increase outside of Mexico, showcasing the effectiveness of their premiumization strategy."
"AB InBev's CEO, Michel Doukeris, highlighted that increased consumer demand for megabrands and improved operational efficiencies contributed to a notable 7.1% rise in earnings for the quarter."
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