AB InBev: EPS under expectations in 2019
(CercleFinance.com) - AB InBev has published FY 2019 normalised EPS of 4.
08 dollars, just over 30 cents short of the consensus, with an EBITDA margin that is down 65 basis points at 40.3%, for reported revenue that is up 4.3% to just over 52.3 billion dollars.
The international brewer highlights healthy growth in volumes that has benefited from premiumization and revenue management initiatives worldwide, despite a slowdown in the growth of products per hectolitre.
AB InBev's board of directors will propose a dividend balance of one euro per share at the AGM on 29 April. Combined with the interim dividend paid last November, the total dividend for the past financial year will be 1.80 euro per share.
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