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» Beverage Industry News » Business of Beer » Three Global Brewers Fare Better Than Expected in 3Q Earnings Reports

Three Global Brewers Fare Better Than Expected in 3Q Earnings Reports

Beverage Industry News» Business of Beerposted Nov 2nd, 2020 05:49:55PM by Tom McCormick

It wasn’t pretty, but it was better than expected for three global brewers who posted third quarter earnings last week.

AB InBev reported 4% revenue growth in the third quarter, far better than the 4.2% drop predicted by analysts while Heineken’s organic volume sales fell 1.8% in the third quarter. Carlsberg was hit the hardest by the global pandemic with overall revenues down 6.8% over the previous year.

Details here at The Drinks Business

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Tom McCormick

Posted by Tom McCormick

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