|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||112.79 - 113.49|
|52 Week Range||101.21 - 126.50|
|PE Ratio (TTM)||28.44|
|Forward Dividend & Yield||4.05 (3.58%)|
|1y Target Est||125.57|
Argentina's production ministry said on Wednesday it had approved a proposal from brewer Anheuser Busch InBev NV to divest seven of its brands in the country as a condition for its 2016 takeover of SAB Miller. The $100 billion (£71.6 billion)-plus takeover, which won overwhelming backing from SAB Miller shareholders in 2016, was met with similar conditions by antitrust regulators elsewhere, including the United States and Europe. As part of the proposal from AB Inbev and Chilean brewer CCU, which has operations in Argentina, AB Inbev would transfer the Isenbeck, Diosa, Norte, Iguana and Baltica brands, as well as the licenses to Warsteiner and Grolsch, to CCU.
NASCAR and Anheuser-Busch announced Wednesday that Busch Beer, an Anheuser-Busch brand that is the 10th best-selling beer in America, will be the Official Beer of NASCAR. Coors Light, brewed by MillerCoors, departed as official beer in December.
The most recent earnings release Anheuser-Busch InBev SA/NV’s (ENXTBR:ABI) announced in December 2017 signalled that the business gained from a substantial tailwind, more than doubling its earnings from the priorRead More...
Anheuser Busch Inbev NV (ADR) (NYSE: BUD ) is through the worst of its operational challenges, although its valuation has taken a roller coaster ride over the last five years, according to Bernstein. ...
As Americans pay more for natural dog food, organic macaroni and cheese and small-batch tequila, beer companies say light beer drinkers want an upgrade, too.
Global stocks traversed another turbulent week marked by President Trump's surprise tariff announcement.
President Donald Trump announced Thursday new proposed tariffs on steel and aluminum imports. Naturally, this is seen as a positive for domestic steel manufacturers but behind the scenes one overlooked ...
Anheuser-Busch InBev NV is ramping up investment in Africa after seeing a boom in demand for its beer on the continent, building on the Budweiser owner’s $106 billion takeover of SABMiller in 2016.
Anheuser Busch Inbev NV (ADR)’s (NYSE:BUD) earnings report for the fourth quarter of 2017 is out.Source: Paul Sableman via Flickr
The Leuven, Belgium-based company said it had net income of $1.54 per share. Earnings, adjusted for non-recurring gains, came to $1.04 per share. The brewer posted revenue of $14.6 billion in the period. ...
AmBev SA, the Latin American unit of beverage company Anheuser Busch InBev NV , expects solid margin growth in 2018 as disposable incomes rise and unemployment drops in Brazil, its chief executive said on Thursday. "We are very confident that we have a solid plan to expand EBITDA growth," AmBev CEO Bernardo Pinto Paiva said in a call with analysts following the release of the company's fourth-quarter results. Brazil is AmBev's largest market.
Anheuser-Busch InBev (AB InBev) (ABI.BR), the world's largest beer maker, expects its new $250 million brewery being built in Sagamu, Nigeria, to start production in the middle of this year, the head of its Africa operations said on Thursday. "For the long term, in five to 10 years, Africa will be an important growth driver for the global company," Ricardo Tadeu told Reuters. "We have a clear strategy to keep a good level of growth in Africa based on developing our brands in different segments of the market," Tadeu said.
Anheuser-Busch InBev (AB InBev) (ABI.BR), the world's largest beer maker, expects its new $250 million (181.63 million pounds) brewery being built in Sagamu, Nigeria, to start production in the middle of this year, the head of its Africa operations said on Thursday. "For the long term, in five to 10 years, Africa will be an important growth driver for the global company," Ricardo Tadeu told Reuters. "We have a clear strategy to keep a good level of growth in Africa based on developing our brands in different segments of the market," Tadeu said.
Anheuser-Busch InBev (ABI.BR), the world's largest brewer, forecast strong growth this year after a recovery in Brazil led to higher than expected earnings at the end of 2017, its first year since buying closest rival SABMiller. The Belgium-based brewer said on Thursday it expected revenue and core profit (EBITDA) to grow strongly again in 2018, with revenue per hectoliter rising by more than inflation and costs by less. Chief Financial Officer Felipe Dutra told a conference call he expected momentum from 2017 to be maintained, with its Budweiser, Stella Artois and Corona brands performing well.
Anheuser-Busch InBev (ABI.BR), the world's largest beer maker, cautioned U.S. President Donald Trump on Thursday against rushing into imposing tariffs on aluminum imports. Trump has vowed to take steps to crack down on imports of steel and aluminum and has been considering imposing hefty tariffs or quotas on imports of the metals from China and other countries under a national security law. "So if you do something drastic in aluminum it could impact the industry," AB InBev chief executive Carlos Brito told a news conference.