InBev suffers sales hangover
Stella Artois brewer InBev today reported a further drop in UK sales volumes, but said it had increased market share as the wider industry suffered sharper falls.
Belgium-based InBev, which is hoping to buy Budweiser brewer Anheuser-Busch in the US, posted a 4.1% slide in second quarter UK sales volumes of its own beer brands.
The UK contributed to a 9% fall in second quarter earnings for its western European operation, at €195m, and InBev said it was “far from satisfied” with the group’s performance in the year to date.
