AB InBev posts Q3 organic growth and raises interim dividend
AB InBev reported third-quarter 2026 organic revenue growth of 4.9%, while total revenue rose 9.1% including currency effects. Dollar EPS increased 22.4% to $1.21, compared with constant-currency EPS growth of 13.9%, and normalized EBITDA grew 3.9%. The board approved an interim dividend of 0.40 EUR per share, versus 0.15 EUR in FY25.
Why it matters
Higher energy, diesel and aluminum costs pressured AB InBev's operating margin, which contracted 34 basis points to 36.1%. The company maintained its FY26 EBITDA growth outlook in line with its medium-term target of 4-8%, while the dividend decision increases the cash return to shareholders.
Key facts
- 1Total volume increased 0.4% and revenue per hectoliter rose 4.2% in the quarter. owensoundsuntimes.com
- 2Normalized EBITDA increased 3.9% and EBIT increased 6.0%. owensoundsuntimes.com
- 3BEES Marketplace quarterly GMV increased 45% to 1.4 billion USD. owensoundsuntimes.com
- 4Corona, Stella Artois and Michelob Ultra revenue grew 20%, 19% and 50%, respectively, outside their home markets. owensoundsuntimes.com
- 5As of 26 October 2026, AB InBev had completed 2.6 billion USD of its 6 billion USD share buyback program. stocktitan.net
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.