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AB InBev revenues up despite sales dip

The company said today that volumes in its global brands Budweiser, Stella Artois and Beck's, grew 2.0%
The company said today that volumes in its global brands Budweiser, Stella Artois and Beck's, grew 2.0%

Anheuser-Busch InBev, the world's biggest brewer, says its second-quarter revenues rose by 4.7% despite a slight decrease in the volumes of sales.

The company said today that volumes in its global brands Budweiser, Stella Artois and Beck's, grew 2.0%.

Sales among the company's regional brands including Harbin and Sedrin in China, Antarctica and Brahma in Brazil, and the Bud Light in the United State, grew by 1%.

AB InBev also announced half-year net profits of $3.65 billion, up 34% on the same period last year.

In the US, sales slid by 2.1% "in the quarter due to planned adjustments to our shipping patterns," the report said.

Ever since Leuven, Belgium-based InBev bought US-based Anheuser-Busch in 2008, the company has been trying to get consumers to trade up to its premium brands in order to boost its profit margins.