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yesterday

AB InBev Shares Plunge as Q2 Volumes Drop and Profits Rise

A 7.4% slump in China with a 6.5% fall in Brazil overshadows modest growth in North America volumes

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A rack of non-alcoholic Jupiler beer bottles is seen at the headquarters of Anheuser-Busch InBev in Leuven, Belgium March 1, 2018. REUTERS/Francois Lenoir/ File Photo
Cans of Budweiser beer are displayed on a supermarket shelf in Shanghai, China February 24, 2022. REUTERS/Aly Song/ File Photo

Overview

  • AB InBev posted a 1.9% year-on-year decline in global beverage volumes in Q2 2025, driven by significant drops in China and Brazil.
  • North American volumes edged up 0.3%, marking a slight rebound after a first-quarter decline.
  • Organic revenue climbed 3% to $15 billion while operating profit rose 6.5%, both exceeding analyst forecasts.
  • Shares plummeted as much as 11.5%, representing the biggest daily drop for the brewer since 2020.
  • The beer division saw volumes slide by 2.2% while the non-beer segment grew 0.3% as the company seeks to diversify its portfolio.