Business & Investment

Quarterly Numbers Anheiser Spike

Anheuser-Busch InBev SA (NYSE: BUD) surged in third-quarter intrinsic sales to $ 14.27 billion, up 7.9% year-on-year, surpassing analyst consensus of $ 13.8 billion. bottom.

The brewery giant has declared that total volume has increased by 3.4%, own beer volume has increased by 2.8%, and non-beer volume has increased by 7.8%. Hourly revenue increased 4.3%.

Combined revenues from the three global brands Budweiser, Stella Artois and Corona increased 5% year-on-year.

Gross profit organically expanded 5.3% to $ 8.2 billion and gross margin shrank 142 basis points to 57.7%.

Normalized EBITDA for the quarter increased 3% to $ 5.2 billion and margins shrank 174 basis points to 36.5%.

The company reported a base EPS of $ 0.85 and a normalized EPS of $ 0.50 against a consensus of $ 0.66.

From a perspective perspective, Anheuser-Busch InBev expects EBITDA’s outlook to grow 10-12% in FY2009, with a healthy combination of volume and price to grow revenue ahead of EBITDA.

Anheuser-Busch InBev is struggling with pandemic pressure and inflation costs. Huge debt burdens and dividend cuts didn’t help.

But experts say the company looks cheap and will plunge third-quarter earnings.

BUD shares are trading from $ 6.59 (11.5%) to $ 63.75 on Thursday morning.

Quarterly Numbers Anheiser Spike Quarterly Numbers Anheiser Spike

Back to top button