Tag Archives: Anheuser-Busch InBev

JP Morgan Downgrade of A-B InBev Stock Drives 8% Drop

Posted on September 16, 2021 by Joel Whitaker

A month ago JPMorgan sent a clear message:  Sell Anheuser-Busch InBev stock.  To be sure, JPMorgan didn’t say “sell.”  Instead it said investors should “underweight” the stock, which it previously rated as neutral.  The result:  In the past month, the stock fell … Continue reading →

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AB InBev Sales Up 28%, Volume Up 21%, Reverses Loss in 2d Quarter

Posted on July 29, 2021 by Joel Whitaker

Anheuser-Busch InBev reports total volumes grew 20.8% in the second quarter with own beer volumes up 20.5% and non-beer volumes surging 23.2%.  Revenue advanced 27.6%. Sales of the company’s global brands — Budweiser, Stella Artois and Corona —  increased 23% … Continue reading →

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ABI Names Doukeris CEO, Succeeding Carlos Brito

Posted on May 6, 2021 by Joel Whitaker

“Brito was the architect who led and built AB InBev into the world’s leading beer company and a leading global consumer packaged goods company by masterfully integrating the many businesses that comprise AB InBev today,” said AB InBev Board Chairman … Continue reading →

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A-B 2020 Revenue Slips 3.7%, EBITDA Falls 12.9%

Posted on February 25, 2021 by Joel Whitaker

Anheuseer-Busch InBev reports its revenue eased 3.7% to $46.881 billion in 2020 as Covid-19 took a toll.  The company doesn’t report GAAP net profit, but it said “normalized EBITDA” fell 12.9% to $17.321 billion. Consolidated volumes declined 5.7%, with own beer … Continue reading →

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ABI Gets Loan Linked to Hitting Sustainability Targets

Posted on February 18, 2021 by Joel Whitaker

Anheuser-Busch InBev said it signed a $10.1 billion Sustainability Linked Loan Revolving Credit Facility. The facility has an initial five-year term (which may be extended by an additional two years), and incorporates a pricing mechanism that incentivizes improvement in four … Continue reading →

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ABI Sues CBrands Over Corona Hard Seltzer Trade Mark

Posted on February 15, 2021 by Joel Whitaker

Grupo Modelo, the Mexican unit of Anheuser-Busch InBev, sued Constellation Brands saying it improperly used the Corona brand on hard seltzer.  ABI claims when it granted a perpetual license to CBrands to use the Corona name, the grant applied only to beer, not … Continue reading →

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