Report
Robert Jan Vos

Anheuser-Busch InBev : Solid and broad-based performance justifies market enthusiasm

>Beating expectations materially in Q3 - Anheuser-Busch InBev (ABI) beat both consensus and our forecasts in Q3 2021. Organic volume, revenue and EBITDA growth all came in higher than expected in Q3. Management said that the top- and bottom-line growth was such that the group is now ahead of pre-pandemic levels on these metrics. In absolute terms, volumes and revenue were higher than in Q3 2019, while EBITDA of $ 5,214m was only marginally shy of the $ 5,291m reporte...
Underlying
Anheuser-Busch InBev SA/NV

Anheuser-Busch Inbev is engaged in the brewing of beer. Co. manages a portfolio of well over 200 brands that includes brands such as Budweiser, Stella Artois and Beck's; multi-country brands such as Leffe and Hoegaarden; and other brands such as Bud Light, Skol, Brahma, Quilmes, Michelob, Harbin, Sedrin, Klinskoye, Sibirskaya Korona, Chernigivske and Jupiler. Co. also produces and distributes soft drinks, particularly in Latin America. Co.'s operations are organized along seven business segments: North America, Mexico, Latin America North, Latin America South, Europe, Asia Pacific and Global Export & Holding Companies.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Robert Jan Vos

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