Global beer giant Anheuser-Busch InBev has reported 3.3% increase in revenue to $43.2bn for the fiscal year 2013 compared to $42.9bn in the previous year.
Revenues for the fourth quarter 2013 were up by 4.6% to $11.71bn compared to $11.62bn a year ago.
Revenue of the company is primarily driven by its global brands, including Budweiser, Stella Artois and Corona.
Gross profit also increased 5% to $25.6bn from $25.17bn in the same period last year. Gross profit during the fourth quarter was $7.22bn, an increase of 7.9%, compared to $7bn a year ago.
However, total volumes of the company for the fiscal year 2013 have declined 2% to 4.26 billion hectoliters compared to 4.30 billion hectoliters in 2012.
Total volumes for the fourth quarter 2013 have also declined 1.7% to 1.10 billion hectoliters compared to 1.11 billion hectoliters in 2012.
The company plans for growth in 2014 through incremental investments in sales & marketing and commercial capex.
Image: Revenue of the company is driven by its global brands, including Budweiser. Photo: Anheuser-Busch InBev.
