Shrinking costs, growing profits

InBev, the largest brewery group in world has published its 2006 results. The organic volume of sales increased by 5,5 per cent last year, while revenues grew by 7,9 per cent. Total revenues were EUR 13,3 billion in 2006. Normalised organic EBITDA increased by 16,8 per cent which resulted in an EBITDA margin of 31,9 per cent in 2006.