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) expects its 2024 EBITDA to grow in line with its medium-term outlook of 4%-8%. The company also anticipates capital expenditure of $4B-$4.5B, net finance costs of $220M-$250M per quarter, and an effective tax rate of 27%-29%.
August 01, 2024 | 5:29 am
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Anheuser-Busch InBev (BUD) expects its 2024 EBITDA to grow in line with its medium-term outlook of 4%-8%. The company also anticipates capital expenditure of $4B-$4.5B, net finance costs of $220M-$250M per quarter, and an effective tax rate of 27%-29%.
The positive EBITDA growth outlook and controlled capital expenditure are likely to be viewed favorably by investors, potentially driving the stock price up in the short term. However, the high net finance costs and effective tax rate could temper some of the enthusiasm.
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