Strong EBITDA Growth
EBITDA grew by 7.9% at the top end of the outlook range with continued margin expansion.
No-Alcohol Beer Portfolio Outperformance
The no-alcohol beer portfolio increased revenues by 34% globally, demonstrating a strong market performance.
Marketplace GMV Increase
The beers marketplace GMV increased by 53% versus last year to reach $645 million.
U.S. Market Share Gains
The U.S. portfolio gained volume market share in both the beer industry and spirits-based ready-to-drink category.
Record High Volumes in South America
Brazil delivered record high volumes for both beer and non-beer, with a total volume increase of 1.4%.
Corona's Global Growth
Corona grew revenue by 11.2% outside of Mexico and was named the most valuable beer brand in the world in 2025.
Strong Digital Platform Performance
BEES captured $11.6 billion in GMV, a 10% increase versus last year, with 32 million orders transacted through the platform.
Optimized Business Operations
EBITDA margins improved by 218 basis points, with expansion in four of five operating regions.