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

Anheuser-Busch InBev (AB InBev) reports a 10.2% rise in its Q2 2024 EBITDA, exceeding analyst forecasts for growth of 8.3%. Volume growth and digital channels contributed to a 25% increase in underlying EPS. 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. AB InBev's e-commerce platform, BEES, captured $11.7bn in GMV in Q2 2024, a 20% increase YoY. 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.

July 31, 2024
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