0939 GMT - AB InBev's 4Q and profitability came ahead of expectations despite lower volumes, ING analysts say in a note. The brewer's revenue growth by 2.5% to $14.84 billion beat ING's forecast by 8.7% and consensus by 4.7%, although volumes were down by 2%, they say. AB InBev reduced its debt/Ebitda ratio, reflected in the 22% dividend increase, they say. Also, AB InBev expects lower capex in the range of $3.5 billion to $4.0 billion, compared with consensus of $4.5 billion, they say. This is likely to drive some modest upgrades on 2025 free-cash-flow expectations, the analysts add. Ebitda growth remains in line with the company's long-term target, they say. Shares are up 7.3% at 56.06 euros. (michael.susin@wsj.com)
(END) Dow Jones Newswires
February 26, 2025 04:39 ET (09:39 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。