United Breweries (UBL) has witnessed a high-single-digit volume growth in the domestic market during January-March 2022 quarter. Moreover, the consolidation of UBL in India has positively impacted net revenue by Euro 200 million.
In India, beer volume grew by a high-single-digit, outperforming the market. UBL experienced progressive growth during the quarter with the declining impact of the COVID omicron variant. The Asia Pacific region, under which India falls, has returned to growth following the lockdown in the second part of last year.
United Breweries is maker of Kingfisher beer and Heineken beer in India.
