AB InBev first quarter revenue rises 5.9%

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AB InBev first quarter revenue rises 5.9%
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Normalised earnings per share increased to $1.27 from $0.73, positively impacted by mark-to-market gains.

The world’s largest brewer AB InBev said on Tuesday its revenue grew by 5.9% in the first quarter of 2019, driven by healthy volume growth, among other factors.

“Our growth model is even more focused on category expansion, targeting a more balanced top-line growth between volume and revenue per hectolitre. We expect to deliver revenue per hectolitre growth ahead of inflation based on premiumisation and revenue management initiatives, while keeping costs below inflation,” it said.

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