World’s largest beer maker sees sales dip

International

BRUSSELS (AP) — The world’s largest brewer, the maker of Budweiser and Corona, says the amount of beer it sold fell in the third quarter largely due to weaker demand as well as temporary shipping disruptions in China.

AB Inbev, a multinational based in Belgium, said sales of beer by volume fell 0.9%. Its overall revenue grew 2.7% to $13.2 billion as it managed to increase the profitability of some products.

The company noted consumers are looking for more sophisticated products, a trend that has hurt sales for some of its top brands in recent years.

While trying to develop more premium beers for wealthier consumers, it is also focusing on cheaper products in developing countries, where sales have been particularly good in Latin America.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Clear

Abbeville

51°F Clear Feels like 51°
Wind
15 mph N
Humidity
48%
Sunrise
Sunset

Tonight

Clear skies. Low 38F. Winds NE at 5 to 10 mph.
39°F Clear skies. Low 38F. Winds NE at 5 to 10 mph.
Wind
8 mph NE
Precip
10%
Sunset
Moon Phase
Full
Clear

Crowley

51°F Clear Feels like °
Wind
mph
Humidity
52%
Sunrise
Sunset

Tonight

Clear skies. Low 37F. Winds NE at 5 to 10 mph.
39°F Clear skies. Low 37F. Winds NE at 5 to 10 mph.
Wind
8 mph NE
Precip
10%
Sunset
Moon Phase
Full
Clear

Opelousas

50°F Clear Feels like 45°
Wind
12 mph NE
Humidity
52%
Sunrise
Sunset

Tonight

A clear sky. Low near 35F. Winds NE at 5 to 10 mph.
39°F A clear sky. Low near 35F. Winds NE at 5 to 10 mph.
Wind
8 mph NE
Precip
10%
Sunset
Moon Phase
Full
Clear

Breaux Bridge

50°F Clear Feels like 50°
Wind
16 mph NE
Humidity
57%
Sunrise
Sunset

Tonight

Clear skies. Low 38F. Winds NE at 5 to 10 mph.
39°F Clear skies. Low 38F. Winds NE at 5 to 10 mph.
Wind
8 mph NE
Precip
10%
Sunset
Moon Phase
Full
Clear

New Iberia

51°F Clear Feels like 51°
Wind
16 mph NE
Humidity
61%
Sunrise
Sunset

Tonight

Clear skies. Low around 35F. Winds light and variable.
39°F Clear skies. Low around 35F. Winds light and variable.
Wind
5 mph ENE
Precip
0%
Sunset
Moon Phase
Full

Sidebar

Trending Stories