Anheuser-Busch InBev's Q2 2017 results

Ahead of the release on July 27 of Anheuser-Busch InBev's second-quarter 2017 results, here's a look at the events that shaped the three months to the end of June for the company.

- At the beginning of April, Anheuser-Busch InBev was moved to hit back at comments from Boston Beer Co founder Jim Koch, who accused them, among others, of stifling the US craft beer market

-Also in April, AB InBev completed the sale of its indirect interest in South Africa's Distell Group

- Towards the end of the month, the company promoted its US general counsel to lead its global legal team

-Next, the firm announced plans for its own craft-style brewery in Miami

-At the start of May, AB InBev expanded distribution of SpikedSeltzer nation-wide in the US. The company bought the brand in September last year

-At the same time, the firm announced plans to snap up another craft brewery in the US after agreeing to acquire North Carolina's Wicked Weed Brewing

-In mid-May, the brewer confirmed that software supplier SAP was seeking US$600m for alleged licence breaches

-A few days later, the brewer named Ben Verhaert as its new president of India and South Asia operations

-Next, AB InBev announced plans to spend in the region of US$2bn on updating its footprint in the US

-In June, the company sparked anger in the craft beer industry after its incubator unit, ZX Ventures, bought a minority stake in beer ratings website RateBeer

-Also in June, AB InBev proposed a merger of the three Nigerian beer companies in which it holds majority control

-At the same time, the company announced the planned opening of a Goose Island brewhouse in Canada

-Towards the end of the quarter, AB InBev confirmed it is in discussions over German beer brands Diebels and Hasseröder, amid reports the two are up for sale.

Q1 results highlights

Q1 underlying net profits were up 73% to US$844m
Net sales increased 4% to $12.9bn
Underlying operating profits (EBITDA) rose 6% to $4.8bn
Global beer brands grew sales by 12%

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