Several big brewers have recently announced their financial results for 2021. The results are wide-ranging as Carlsberg announced an increase in its dividend, while AB InBev missed analysts’ expectation for earnings per share but beat the Q4 2021 revenue by $530M (Total Revenues 14.2B) and Heineken reported a net revenue (beia) organic growth of 12.2% with consolidated beer volume organic growth of 4.6%.