The facts

  1. Reported revenue was US$16.512 billion, against US$15.133 billion a year earlier. Organic growth excludes currency effects and changes in the business’s scope. [1]

  2. Normalized EBITDA reached US$5.957 billion, up 3.9% organically. Its margin was 36.1%, down 34 basis points on the company’s organic comparison. [1][2]

  3. The brewer retained its forecast for 4–8% organic EBITDA growth in 2026 and announced an interim dividend of €0.40 a share, compared with €0.15 for 2025. [1]

  4. Reuters reported that unhedged diesel costs were already affecting results. Other input costs were covered by rolling hedges; these do not insulate every cost from the Iran war. [2]

Sources

References support the numbered facts above. Source checks: 29 Oct 2026, 13:55 UTC.

  1. AB InBev reports third quarter 2026 results

    AB InBev, via Business Wire · Primary source · 29 Oct 2026

    Company-issued release carried by Finviz; the carrier is not a second independent newsroom.

  2. Brewers start to feel the costs of prolonged war in Iran

    Reuters · Reporting · 29 Oct 2026

    Independent reporting and CFO interview, accessed through licensed syndication. Reported and organic growth measures are kept distinct.

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