Ab InBev beers close 2023 with growing revenues - Business

2024-02-29T15:43:35.310Z

Highlights: Ab InBev beers close 2023 with growing revenues. Net profit drops to 4.93 billion euros. Total volumes decreased by 1.7%. CEO Michel Doukeris underlines in a note that the business has recorded another year of steady and profitable growth. He proposes an increase in the dividend to shareholders and to carry out a share buyback for a billion dollars, which is 90% completed. The proposed coupon is 0.82 euros. The brewer has Budweiser, Stella Artois and Corona among its brands.

The brewer AB InBev, which has Budweiser, Stella Artois and Corona among its brands, closes 2023 with revenues growing by 7.8% to 54.8 billion euros. Net profit drops to 4.93 billion euros. Total volumes decreased by 1.7%. (HANDLE)