Belgium-based liquour maker Anheuser-Busch InBev reported a decline in its third quarter profits on Wednesday.

The world's largest brewer whose products include - Stella Artois, Budweiser and Becks - registered a net profit of £893m this quarter, a fall of 7 per cent from the same period last year.

InBev's revenues declined by 5 per cent, with sales of beer going down by 0.5 per cent.

The company's weak results were attributed the decline in beer sales in North American and Western European markets, where sales were down by 1.5 per cent and 5 per cent respectively.

InBev said that trading situation in the two markets was "challenging" as consumers were subject to "economic pressures."

The company also lost out on profits and sales from several of its units that it sold the previous year to aquire finace for its takeover of Anheuser-Busch of St. Louis, Missouri.

However, Sales rose in Brazil, China and Russia at 12.5 per cent, 8.1 per cent, and 8 per cent respectively.
InBev's flat performance in the Western markets follows similar results from rival companies Heineken and SABMiller.