AB InBev sets itself an easy target dasha_reuters
Anheuser-Busch InBev on Feb. 28 reported revenue of $54.6 billion in 2018, compared with $56.4 billion in the previous year. EBITDA rose 7.9 percent in organic terms to $22.1 billion.
The 112 billion euro maker of Stella Artois and Corona said that it had seen improved volumes, revenue and market share in Mexico, Colombia, China, western Europe and several African countries in 2018. It lost a 0.4 percentage point share of its largest market, the United States, but that was the smallest decline since 2012.
AB InBev said it expected net debt would be worth less than four times EBITDA by the end of 2020, compared with 4.6 times at the end of 2018. The company said it would prioritise debt repayment in order to meet its goal of reducing this ratio to around two times.
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