AB InBev sees FY24 EBITDA growth of 6%-8%

The company said, “Overall Performance: We expect our FY24 EBITDA to grow between 6-8%. The outlook for FY24 reflects our current assessment of inflation and other macroeconomic conditions. Net Finance Costs: Net pension interest expenses and accretion expenses are expected to be in the range of $220M to $250M per quarter, depending on currency and interest rate fluctuations. We expect the average gross debt coupon in FY24 to be approximately 4%. Effective Tax Rates: We expect the normalized ETR in FY24 to be in the range of 27% to 29%. The ETR outlook does not consider the impact of potential future changes in legislation. Net Capital Expenditure: We expect net capital expenditure of between $4B and $4.5B in FY24.”