Anheuser-Busch InBev's Q3 2017 results - Preview

For Anheuser-Busch InBev's third-quarter 2017 results, here's a look at the events that shaped the three months to the end of September for the company.

At the start of July, a number of Anheuser-Busch InBev's US breweries accused craft trade body the Brewers Association of starting a "civil war" in the country's beer industry through the launch of an independent seal.

Later in the month, the group's South African unit said it had invested ZAR2.8bn (US$206.7m) in expansions at its Alrode and Rosslyn breweries. In the same quarter, the unit said a new entrepreneurship campaign would help create 10,000 jobs in South Africa by 2021.

On 20 July, AB InBev acquired two US energy drinks and sparkling water brands as it looked to increase its presence in non-alcoholic beverages.

More non-alcoholic activity was announced in August, when AB InBev said it was helping to develop a range of soft drinks made from the leftovers of the beer brewing process.

In September, the UK arm of AB InBev unveiled plans to bring a US beer brand, created by global media group Vice, to the country.

Also in September, the brewer confirmed it had reduced the number of sales positions in its craft and imported beer brands unit, The High End, in the US.

At the end of the month, The High End said it had taken full control of Michigan cider maker Virtue Cider.

H1 results highlights

H1 net sales up 6% to US$27.1bn against 2016 reference base
Organic sales climbed 4%
Net profits jumped 30% to $3.3bn
Operating profits (EBIT) increased 9% to $8.1bn against 2016 reference base