The Belgian brewer, who’s brands include Stella Artois and Tennant’s, recorded a 10.7% growth in turnover to 7.04bn euros for the year to December 31. Pre-tax profit rose by 11.7% to 743m euros for the same period.
In the UK Stella Artois continued its strong performance with volume growth of 12.1% while Castlemaine XXXX achieved its target of 50% replacement of lost Heineken Cold Filtered volumes.
The hot weather in Western Europe drove organic volume growth by 3.4%.
In Central Europe volume growth was up 12.3%. There was even stronger performance in Eastern Europe with a 26.2% growth in volume.
Volume in the US was down 0.6% due to the slowing of imports. A strike in the Montreal brewery over the summer cost the company 16m euros.
Meanwhile, Interbrew announced plans to merge with Brazilian brewer AmBev, which will create the world’s second-biggest beer producer.