Anheuser-Busch Inbev

Q1 2024 Results: Revenue was up +2.6% to $14.6bn on digital growth & premiumization. Underlying EPS +16% to $0.75 (Bloomberg estimate $0.79). EBITDA rose +5.4%, margin +90bps. Volumes fell in North America (-11%) & Asia Pacific (-5%). The medium-term EBITDA outlook of 4-8% was affirmed
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