Anheuser-Busch InBev's YTD 2017 by region - results data

Anheuser-Busch InBev reported an increase in nine-month sales thanks to a strong global performance from its Corona brand. Here,take a closer look at the company's performance by region in the year so far.

North America: Q3 volumes -6%, YTD volumes -4%

Problems persisted for AB InBev in the US, where its core Budwesier and Bud Light brands continued to lose market share, down half a percentage point and a full percentage point in the quarter respectively. Sales were also hampered by recent hurricanes in Texas and Florida, driving sales to wholesalers (STWs) down 6% in Q3 and 4% in YTD.

Above-premium was better, as AB InBev's Michelob Ultra continued to perform strongly. The brand's volumes were up double-digits in Q3 and it was the top share gainer in the US for the tenth consecutive quarter.

AB InBev also said it was driving momentum behind its Spiked Seltzer and Teavana brands in the US as the company looked to expand beyond its traditional beer portfolio.

Latin America West: Q3 volumes +3%, YTD volumes +2%

Sales in Mexico were up double-digits in the quarter and year-so-far despite a negative effect from the 7.1 magnitude earthquake that hit the country at the end of September, AB InBev said. Corona Extra and Victoria brands took share, while the brewer said it continued to "sharpen" Budweiser's premium positioning.

Colombian sales rebounded, up 6% in Q3, after a decline in H1. AB InBev said sales were "enhanced" by a successful national promotion of Pony Malta. Beer volumes were down 1% in the quarter, however, with AB InBev blaming ongoing pressures on consumer confidence and disposable incomes.

Latin America North: Q3 volumes -4%, YTD volumes -2%

In Brazil, a recovery appeared to be underway, as Q3 sales lifted by 9%, driving a 2% increase for the YTD. The increases came despite a fall in volumes, as AB InBev focussed on its premium portfolio. The brewer flagged "strong" growth for all three of its global brands, especially Budweiser. Local premium brands including Brahma Extra and Bohemia also performed well, with volumes up double-digits in the quarter.

The company said it believed that the sales increase in the quarter signalled "a return to sustainable growth" for Brazil following months of pressure caused by low consumer demand and a struggling economy.

"We remain cautiously optimistic about the Brazilian economy, and are confident in our commercial plans," AB InBev said.

The brewer flagged "strong" growth for all three of its global brands, especially Budweiser. Local premium brands including Brahma Extra and Bohemia also performed well, with volumes up double-digits in the quarter.

Latin America South: Q3 volumes +5%, YTD volumes +6%

There was double-digit Q3 beer volumes growth in Argentina, and AB InBev said it gained share of total alcohol in the quarter by targetting the home-consumption occasion.

Europe, Middle East & Africa: Q3 volumes -1%, YTD volumes flat

AB InBev praised a "solid" quarter in Western Europe, with market share gains in most regions. The UK posted double-digit sales growth in the year-to-date. In Eastern Europe, sales were down low single digits partly because of the large PET ban in Russia, AB InBev said.

Beer sales in South Africa were up 4% in Q3 despite a 3% beer volumes decline caused by phasing. YTD beer sales climbed by 8% on beer volumes growth of 2%.

In Africa excluding South Africa, AB InBev's own-beer volumes grew in the mid-teens, fuelled by good growth in Nigeria, Tanzania, Uganda, Mozambique and Zambia, the company said.

Asia-Pacific: Q3 volumes flat, YTD volumes +1%

China sales were strong, up 5% in Q3 despite flat volumes. AB InBev said Budweiser "continued to excel in all brand health metrics", growing preference and penetration. The brewer's super-premium portfolio, which includes Corona, Hoegaarden and Franziskaner, grew by "high" double-digits in the quarter, it said.

"These brands, with their unique brand characteristics and positioning, continue to exhibit strong growth among LDA mixed gender consumers in high end outlets and premium occasions," AB InBev said. "They are also driving further margin expansion, with gross margins of approximately ten times those of core brands in China."