Anheuser-busch Inbev (BUD) has released an update.
Anheuser-Busch InBev has reported a positive start to 2024 with a 5.4% increase in EBITDA, a 16% rise in Underlying EPS, and a 2.6% growth in total revenue driven by their global megabrands like Corona. Despite a slight 0.6% decrease in total volume, the company’s strategic investments in digital platforms and direct-to-consumer ecosystem have shown significant growth, contributing substantially to their revenue. Their financial strategy has also allowed them to complete a $1 billion share buyback program and continue to advance their sustainability goals.
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