Chief Executive Officer, Anheuser-Busch InBev (parent), Anheuser-busch Companies
Search every verified Michel Doukeris interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In a February 2023 interview, AB InBev CEO Michel Doukeris discussed the company's mixed Q4 earnings, noting a slight decline in overall beer volume. He attributed this to price increases implemented in October and September, as well as the impact of COVID-related shutdowns in China. Doukeris stated that inflation is moderating globally and that costs are "going back to normal," though he added that the process may not be "as fast as one could expect." Regarding the hard seltzer market, Doukeris described it as part of a broader "beyond beer" category. He said that while malt-based seltzer sales have declined, vodka-based alternatives such as Neutral are "growing very fast." He also highlighted the growth of non-alcoholic beer, citing Budweiser Zero as the leading non-alcoholic beer in the U.S. as of December 2022, and pointed to consumer demand for healthier options and improved brewing technology as drivers of this trend.
“I think that inflation when we look globally, we operate in more than 50 countries and it's everywhere. I think that we got out of the up cycle and we have seen now inflation is moderating. When we think about costs, we see that a loss for 2022 but I think we are seeing now things going back to normal. Inflation, I don...”
“Seltzer is below what it was before in the malt-based version, but if you look at the vodka-based such as Neutral, it is growing and it is growing very fast.”
AB InBev CEO Michel Doukeris joins CNBC's 'Squawk Box' to discuss revenue gains following price increases, rebuilding ...
Sign in to search the full transcript archive, filter by topic, and access every quote from Michel Doukeris.
The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →