AB Inbev: stock up on Q1 results
(CercleFinance.com) - AB InBev shares are up almost 2% in Brussels today after the brewer reported normalised EPS of 0.
67 dollar for Q1 2022, up from 0.51 dollar a year earlier, with normalised EBITDA that is up 7.4% to 4.49 billion dollars.
Exceeding 13.2 billion dollars, revenue grew 11.1% with total volumes up 2.8% and revenue per hectolitre growth of 7.8%, driven by product management initiatives and continued premiumisation.
For FY 2022, AB InBev expects EBITDA to grow in line with its medium-term target range of 4%-8%, with revenue growth outpacing EBITDA growth due to a healthy mix of volumes and pricing.
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67 dollar for Q1 2022, up from 0.51 dollar a year earlier, with normalised EBITDA that is up 7.4% to 4.49 billion dollars.
Exceeding 13.2 billion dollars, revenue grew 11.1% with total volumes up 2.8% and revenue per hectolitre growth of 7.8%, driven by product management initiatives and continued premiumisation.
For FY 2022, AB InBev expects EBITDA to grow in line with its medium-term target range of 4%-8%, with revenue growth outpacing EBITDA growth due to a healthy mix of volumes and pricing.
Copyright (c) 2022 CercleFinance.com. All rights reserved.