Learn more

By Jon Robinson The UK arm of Ab Inbev, which brews Budweiser, Stella Artois and Corona, continued to make a substantial loss during its latest financial year despite raising its prices. The London-headquartered division not made a pre-tax profit since the £40.9m it reported in 2020. Since then the business has lost £6.4m in 2021, £89.5m in 2022 and now £72.1m in 2023. Newly-filed accounts with Companies House also show that Ab Inbev’s UK revenue increased from £1.59bn to £1.66bn in 2023. Ab Inbev battles ‘challenging environment’A statement signed off by the board said: “The UK economic envir…

cuu