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flag Anheuser-Busch InBev reports a 10.2% Q2 2024 EBITDA rise and improved net debt to EBITDA ratio.

flag Anheuser-Busch InBev (AB InBev) reports a 10.2% rise in its Q2 2024 EBITDA, exceeding analyst forecasts for growth of 8.3%. flag Volume growth and digital channels contributed to a 25% increase in underlying EPS. flag Despite declines in volumes and revenue due to weather, inflation, and brand boycotts, the company's net debt to EBITDA ratio improved to 3.42x. flag AB InBev's e-commerce platform, BEES, captured $11.7bn in GMV in Q2 2024, a 20% increase YoY. flag The company's megabrands, mega platforms, and brand-building capabilities led to its portfolio holding eight of the top 10 most valuable beer brands worldwide.

9 months ago
6 Articles