Non-alcoholic beer helps AB InBev bounce back from its Chinese hangover

AB InBev outperformed expectations in the third quarter. The world’s largest brewer is benefiting from strong demand for non-alcoholic beer, ready-to-drink cocktails, and its top international brands. In China, however, sales plummeted by nearly 17%.

Non-alcoholic beer grows by 35%

The Belgian-Brazilian brewer saw revenue rise by 4.9% to $16.5 billion (€14.8 billion), although global sales volumes increased by only 0.4%. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 3.9% to $6 billion (about €5.4 billion).