Anheuser-Busch InBev Expects 2024 EBITDA To Grow In Line With Its Medium-Term Outlook Of 4%-8%, And Expects Capital Expenditure Of 4B-4.5B
Portfolio Pulse from Benzinga Newsdesk
Anheuser-Busch InBev (BUD) projects its EBITDA growth for 2024 to align with its medium-term forecast of 4%-8%, anticipating capital expenditures of $4B-$4.5B. The company's outlook accounts for current inflation and macroeconomic conditions, with net finance costs expected to range between $220M-$250M per quarter. The average gross debt coupon is projected at about 4%, and the effective tax rate is forecasted to be 27%-29%.
May 08, 2024 | 5:53 am
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Anheuser-Busch InBev expects 2024 EBITDA growth in line with its 4%-8% outlook, with capital expenditures of $4B-$4.5B, reflecting a positive outlook despite inflation and macroeconomic challenges.
The company's projection of EBITDA growth within its target range and significant capital expenditure plans indicate a positive outlook and strong financial health. This is likely to be viewed favorably by investors, potentially leading to a positive short-term impact on BUD's stock price. The detailed financial forecasts, including net finance costs and effective tax rates, provide transparency and may boost investor confidence in the company's ability to manage inflationary pressures and macroeconomic conditions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100