Anheuser-Busch InBev Q4 Profit Surges : vimarsana.com

Anheuser-Busch InBev Q4 Profit Surges


Anheuser-Busch InBev Q4 Profit Surges
LOEWEN (dpa-AFX) - Anheuser-Busch InBev (AHBIF.PK, BUD) Thursday reported significantly higher profit for the fourth quarter, with single digit growth in revenues, positively impacted by a continued volume recovery and revenue per hl growth.
For the quarter, the Group's profit attributable to equity holders of the company surged to $2.266 billion or $1.13 per share from last year's $114 million or $0.06 per share.
Attributable normalized profit rose to $2.154 billion or $1.08 per share from $962 million or $0.48 per share a year ago. However, attributable underlying profit slid to $1.616 billion or $0.81 per share from last year's $1.729 billion or $0.87 per share. Underlying profit excludes mark-to-market gains and losses linked to the hedging of share-based payment programs and the impact of hyperinflation, the Group reported.

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