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Anheuser-Busch InBev said it is confident that further investment can fuel growth ahead.
AB InBev achieved a 0.8% organic increase in total volumes in Q1 2024.
KEY POINTS
- Analysts expected AB InBev's volumes to continue slipping, but the company delivered positive growth.
- Beer volumes rose 1.2% due to strong performance in South and Middle Americas and EMEA markets.
- Nonbeer volumes declined even as overall volumes and revenue increased.
- AB InBev projects EBITDA growth for 2024 in line with its 4% to 8% medium-term target.
COMPANIES
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