In its first half, AB InBev saw revenues drop 1.5% in Brazil year on year while volumes slid 2.4%. Second-quarter volumes for the group's overall South America business declined 4

The world’s largest brewer reported a steeper decline in sales volumes than analysts had expected, sending shares sharply lower in European morning trade.

Beer giant Anheuser-Busch InBev beat second-quarter profit estimates on Thursday even as beer volumes slipped, dragged back by weak sales in China and Brazil.