Anheuser-Busch InBev Q4 Financial Results

Anheuser-Busch InBev, the world's largest brewer known for brands like Stella Artois and Budweiser, reported a 33% decrease in net profit for the fourth quarter of 2023. The company's revenue and volumes fell short of consensus expectations during this period.

Financial Performance

• Net Profit: The net profit for the fourth quarter dropped to $1.89 billion from $2.84 billion compared to the previous year.
• Underlying Net Profit: Declined to $1.66 billion in the fourth quarter from $1.74 billion a year ago.
• Revenue: Decreased to $14.47 billion in the fourth quarter from $14.67 billion in the same period the previous year.
• Sales Volume: Overall volumes declined to 144.706 million hectoliters in the fourth quarter from 148.775 million hectoliters in the previous year.

Future Outlook

Despite the challenges faced in the fourth quarter, the company remains optimistic about its 2024 Ebitda growth. Anheuser-Busch InBev expects this growth to align with its medium-term outlook of between 4%-8%, taking into consideration current assessments of inflation and other macroeconomic conditions.