Report
Robert Jan Vos

Anheuser-Busch InBev : Solid Q1 2024, and, as expected, outlook maintained for 2024

>Solid Q1 2024 with revenue, EBITDA and net profit ahead of expectations - ABI reported organic volume growth of -0.6% in Q1 2024 (ABNe: 1e2.4%, consensus: 1e1.0%). Revenue growth was 2.6% (ABNe: 3.6%, consensus: 2.6%) to $ 14,547m (ABNe: $ 14,332m, consensus: $ 14,432m). EBITDA growth was 5.4% (ABNe: 2.0%, consensus: 1.9%) to $ 4,987m (ABNe: $ 4,766m, consensus: $ 4,828m). Organic volume growth was ahead of expectations in North America, Middle Americas, and EMEA and ...
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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