AB InBev reported higher third-quarter revenue and profit on October 29 and said its board approved an interim dividend of €0.40 a share, compared with €0.15 for the previous fiscal year.
The brewer’s reported quarterly revenue reached $16.512 billion, up 9.1%. Its organic revenue measure, which separates out currency and other comparability effects, rose 4.9%. Revenue per hectoliter increased 4.2%, while total volumes grew 0.4% on an organic basis.
Underlying profit was $2.396 billion, compared with $1.970 billion a year earlier. Underlying earnings per share rose to $1.21 from $0.99. Reported profit attributable to shareholders was $1.597 billion, up from $1.054 billion.
The company’s normalized earnings before interest, taxes, depreciation and amortization rose 3.9% organically to $5.957 billion. Its margin on that measure contracted 34 basis points organically to 36.1%, according to the release.
Reuters reported that higher costs and spending weighed on margins, while sales in China declined 16.8%. The company said it recorded its highest third-quarter volumes in 15 markets, including India and South Africa.
For the full year, AB InBev retained its forecast for EBITDA growth within its medium-term range of 4% to 8%. That remains a company projection. The brewer said its outlook reflects its current assessment of inflation and other economic conditions.
Sources: AB InBev regulated results release, distributed by Business Wire via NTB — https://kommunikasjon.ntb.no/pressemelding/19122126/ab-inbev-reports-third-quarter-2026-results?lang=en&publisherId=90063 Reuters — https://www.reuters.com/business/retail-consumer/budweiser-brewer-ab-inbev-hits-q3-profit-forecast-costs-rise-2026-10-29/