Anheuser-Busch InBev Raises 2024 Outlook: Now Expects EBITDA To Grow Between 6%-8% (Prior 4%-8%), And Expects Capital Expenditure Of 4B-4.5B
Portfolio Pulse from Benzinga Newsdesk
Anheuser-Busch InBev has raised its 2024 EBITDA growth outlook to 6%-8% from the previous 4%-8% and expects capital expenditure to be between $4B-$4.5B. The company also provided guidance on net finance costs, effective tax rates, and net capital expenditure for FY24.
October 31, 2024 | 6:42 am
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Anheuser-Busch InBev has increased its 2024 EBITDA growth outlook to 6%-8% and plans capital expenditure of $4B-$4.5B, indicating a positive financial outlook.
The increase in EBITDA growth outlook from 4%-8% to 6%-8% suggests improved financial performance expectations, which is likely to positively impact the stock price. The planned capital expenditure indicates continued investment in growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100