Latest news with #Anheuser-BuschInBev
RTÉ News
12-05-2025
- Business
- RTÉ News
Budweiser-maker AB InBev to invest $300m in US facilities
Anheuser-Busch InBev said today it would invest $300m in its manufacturing operations in the US this year amid a push for local production under President Donald Trump. The Budweiser maker, which said it invested nearly $2 billion over the last five years in 100 facilities across the country, also announced the launch of a new plant in Columbus, Ohio. The brewer reported a rise in first-quarter profit last week, more than double the increase expected by analysts and boosting its profit margins despite a fall in sales volumes. It said it makes nearly all its domestic sales locally. AB InBev had previously said it was boosting investments in key brands such as Budweiser and ramping up efforts to grow at-home consumption, as spending elsewhere - including in bars - remains pressured.
Yahoo
12-05-2025
- Business
- Yahoo
Budweiser-maker AB InBev to invest $300 million in US facilities
(Reuters) - Anheuser-Busch InBev said on Monday it would invest $300 million in its manufacturing operations in the United States this year amid a push for local production under President Donald Trump. The Budweiser maker, which said it invested nearly $2 billion over the last five years in 100 facilities across the country, also announced the launch of a new plant in Columbus, Ohio. The brewer reported a rise in first-quarter profit last week, more than double the increase expected by analysts and boosting its profit margins despite a fall in sales volumes. It said it makes nearly all its domestic sales locally, AB InBev had previously said it was boosting investments in key brands such as Budweiser and ramping up efforts to grow at-home consumption, as spending elsewhere - including in bars - remains pressured.
Yahoo
12-05-2025
- Business
- Yahoo
Budweiser-maker AB InBev to invest $300 million in US facilities
(Reuters) - Anheuser-Busch InBev said on Monday it would invest $300 million in its manufacturing operations in the United States this year amid a push for local production under President Donald Trump. The Budweiser maker, which said it invested nearly $2 billion over the last five years in 100 facilities across the country, also announced the launch of a new plant in Columbus, Ohio. The brewer reported a rise in first-quarter profit last week, more than double the increase expected by analysts and boosting its profit margins despite a fall in sales volumes. It said it makes nearly all its domestic sales locally, AB InBev had previously said it was boosting investments in key brands such as Budweiser and ramping up efforts to grow at-home consumption, as spending elsewhere - including in bars - remains pressured. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
09-05-2025
- Business
- Time of India
Brewer AB InBev's Q1 profit surges ahead of forecasts
HighlightsAnheuser-Busch InBev reported a 7.9 percent rise in first-quarter operating profit, significantly surpassing analysts' expectations of a 3.1 percent increase. The company experienced a 5.1 percent year-on-year drop in U.S. revenues due to fewer selling days, a late Easter, and adverse weather conditions. Anheuser-Busch InBev's performance in China was weak, with volumes dropping 9.2 percent, prompting the company to increase investments in key brands like Budweiser. Anheuser-Busch InBev reported a 7.9 per cent rise in first-quarter operating profit on Thursday, beating analysts' estimate by more than double, as the beer brewer grew its margin despite a fall in sales volumes. Analysts had expected the world's top brewer to report a 3.1 per cent rise in organic operating profit in the three months ended March 31. The brewer behind Corona and Stella Artois has cheered investors with its performance in recent quarters. But U.S. President Donald Trump's tariffs now pose a threat to consumer sentiment in one of its most important markets, the United States. AB InBev saw a 5.1 per cent year-on-year drop in U.S. revenues in the reported period and attributed the decline to fewer selling days, a late Easter and bad weather. The company sold 2.2 per cent less beer globally in the quarter, a decline that was less severe than feared. Industry peers, such as Heineken, also reported lower sales volumes. Reduced sales costs and effective overhead management boosted margin expansion, AB InBev said. "The consistent execution of our strategy by our teams and partners drove a solid start to the year and reinforces our confidence in delivering on our outlook for 2025," CEO Michel Doukeris said. AB InBev's statement notably didn't mention the potential impact of the sweeping U.S. tariffs, unlike peers like Heineken and Carlsberg, which warned that levies could dent consumer sentiment. The company is at risk of a direct hit from tariffs on aluminium, which it uses to make beer cans. Industry sales may also suffer if levies hurt the economy and curb consumer spending on beer. The brewer has faced headwinds in China, where its portfolio of high-end brands struggled in a sluggish economy, causing AB InBev to trail its peers. The company reported a weak first quarter in China, with volumes dropping 9.2 per cent. The brewer said it was boosting investments in key brands like Budweiser and ramping up efforts to grow at-home consumption as spending elsewhere, like in bars, comes under pressure.
Yahoo
08-05-2025
- Business
- Yahoo
Anheuser-Busch InBev Profit Jumps as Beermaker Cuts Costs
Anheuser-Busch InBev's profit almost doubled as the beer giant reduced costs. Selling, general, and administrative expenses fell nearly 6%. The company's first quarter revenue missed forecasts as volumes decreased.U.S.-listed shares of Anheuser-Busch InBev (BUD) gained Thursday as the world's biggest beer brewer easily beat earnings estimates as lower costs offset falling volumes. The maker of brands including Budweiser and Michelob reported first-quarter net profit of $2.15 billion, nearly double what it was a year ago. Analysts surveyed by Visible Alpha were looking for $1.66 billion. Revenue rose 1.5% year-over-year to $13.63 billion, short of forecasts. AB InBev's selling, general, and administrative expenses (SG&A) decreased nearly 6% to $4.19 billion. The company pointed to disciplined resource allocation, overhead management, and optimization of capital expenditures for the decline. Beer sales declined in the U.S., Europe, and China, but they gained in Latin America and South Africa. Total beer and non-beer volume dipped 2.2%, which the company blamed on "calendar-related factors such as cycling the leap year selling-day benefit in 1Q24 and Easter shipment phasing." CEO Michel Doukeris said that the consistent execution of AB InBev's strategy "drove a solid start to the year and reinforces our confidence in delivering on our outlook for 2025." Following the report, U.S.-listed shares of AB InBev rose about 2.5% to trade at their 2025 high. Read the original article on Investopedia Sign in to access your portfolio
