On October 29, Anheuser-Busch Inbev SA fell 3.05% in Regular Trading, trading at $78.5 per share, with turnover of $69.506 million.
The move followed its third-quarter results, where adjusted EPS rose to $1.21 from $0.99 and revenue reached $16.51 billion, both ahead of market expectations. However, the company reiterated full-year EBITDA growth guidance of 4% to 8%, in line with its medium-term target, while also outlining quarterly net finance costs of $190 million to $220 million and net capex of $3.5 billion to $4.0 billion, leaving the outlook viewed as broadly neutral rather than a clear upside catalyst.
Additional details showed adjusted EBITDA of $5.96 billion, up 3.9% organically, while global total volumes edged up 0.4%. The company said beer volumes were pressured by a challenging environment in China, even as Corona revenue outside its home market jumped 20% and non-alcoholic beer and beyond beer revenue grew 35% and 19%, respectively.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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