Anheuser-Busch Inbev Sa (BUD) has released an update.
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Anheuser-Busch InBev reports a robust second quarter in 2024, with significant double-digit EBITDA growth, margin expansion by 236 basis points, and a 25% increase in Underlying EPS. Despite a slight dip in total volumes, the company saw a 2.7% rise in revenue, buoyed by strong performance of its megabrands like Corona, and an increased digital footprint with 70% of revenue through B2B digital platforms. The firm’s strategic pillars—leading the category, digitizing their ecosystem, and optimizing business—continue to fuel its market share growth and long-term value creation.
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