AB InBev’s UK division has not made a profit in a number of years. (Photo Illustration by Justin Sullivan/Getty Images)
The UK arm of AB InBev, the brewing giant behind the likes of Budweiser, Stella Artois and Corona, has now lost almost £200m since it last made a pre-tax profit after continuing in the red in 2024, it has been revealed.
The London-headquartered division has reported a pre-tax loss of £20.9m for its latest financial year, down significantly from the £72.1m it posted for 2023.
However, the latest figure means that AB InBev’s total pre-tax losses since it last made a profit – £40.9m in 2020 – now total more than £188m.
The business also lost £6.4m in 2021 and £89.5m in 2022.
However, new accounts filed with Companies House also show that the firm’s revenue increased