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Anheuser-Busch Inbev SA/NV (BUD)

  • Feb. 26, 2014, 2:53 AM
    • Anheuser-Busch InBev's (BUD) Q4 like-for-like EBITDA climbed 13% to $5.2B and topped estimates of $4.94B, although the figure included a $143M one-off gain.
    • Net profit jumped 47% to $2.52B, while revenue increased to $11. 71B from $10.29B and exceeded forecasts of $11.7B.
    • Normalized EPS +32.7% to $1.46; consensus is for $1.31.
    • AB InBev's profitability benefited from price hikes and a shift to premium lagers, as well as from a strong performance in Brazil and cost cutting in Mexico.
    • However, total beverage volumes fell 2%, with sales slipping in Brazil and Mexico, although they rose in Asia.
    • Mexico EBITDA climbed 44% to $575M, helped by savings following AB InBev's acquisition of Grupo Modelo.
    • Net debt as of 31 December rose to $38.8B from $8.7B a year earlier, mainly due to the Modelo deal.
    • AB InBev expects the soccer World Cup in Brazil in the summer to boost sales in the country.
    • AB InBev proposed a final dividend of €1.45 a share, bringing the total dividend for 2013 to €2.05. The shares will trade ex-coupon as of 5 May and dividends will be payable on May 8. The record date will be May 7. (PR)
    | Feb. 26, 2014, 2:53 AM | Comment!
  • Oct. 31, 2013, 3:25 AM
    • Anheuser-Busch InBev's (BUD) Q3 EBITDA rose 10.5% to $4.66B and exceeded consensus of $4.54B, helped by higher selling prices and cost-cutting.
    • Net profit jumped 31% to $2.37B, reflecting the firm's $20B acquisition of Mexico's Grupo Modelo.
    • Comparable revenue increased 3% to $11.73B but missed consensus of $11.86B.
    • Volumes slipped 1.3% to 119.7 million hectoliters, in line with forecasts, although revenue per hectoliter increased 5.7%.
    • AB InBev's volumes in the key market of Brazil dropped 5%, and the company warned that due to high food inflation FY sales in the country will be at the lower end of a prior forecast of flat to a low single-digit percentage decline.
    • U.S. sales fell, although average prices and profit margins grew.
    • Budweiser's sales increased 8.1%.
    • Declared interim dividend of €0.60 a share. The shares will trade ex-coupon as of 13 November and dividends will be payable as from 18 November. The record date will be 15 November. (PR)
    | Oct. 31, 2013, 3:25 AM | Comment!
  • Feb. 27, 2013, 2:13 AM
    Anheuser-Busch InBev (BUD) proposes a dividend of €1.70/share. Shares will trade ex-coupon as of April 26 and dividends will be payable as from May 2. Date of record April 30. To move to semi-annual dividend payments starting with payouts for FY 2013, payable in November 2013 and May 2014. (PR)
    | Feb. 27, 2013, 2:13 AM | Comment!
Company Description
Anheuser-Busch Inbev SA is engaged in the production, marketing, and distribution of beer. Its brand comprises of Budweiser, Corona and Stella Artois. It also manufactures non-alcoholic beverages such as bottle water and Ice tea.
Country: Belgium