Brief: AB Inbev Q4 Normalized EBITDA Increases By 2.3% To $5.47 Billion

Anheuser-Busch Inbev SA

12/02/2026 06:00

Feb 12 (Reuters) - Anheuser-Busch Inbev SA ABI.BR:

Q4 TOTAL ORGANIC VOLUME GROWTH -1.5% VERSUS -2.7% IN COMPANY-COMPILED CONSENSUS

Q4 NORMALIZED EBITDA INCREASED BY 2.3% TO $5 473 MILLION

Q4 TOTAL REVENUE AT $15.56 BILLION, ORGANIC GROWTH 2.5% VERSUS +1.5% IN COMPANY-COMPILED CONSENSUS

Q4 UNDERLYING EPS $0.95 VERSUS $0.89 IN COMPANY-COMPILED CONSENSUS

OUTLOOK 2026: EXPECTS EBITDA TO GROW IN LINE WITH OUR MEDIUM-TERM OUTLOOK OF BETWEEN 4-8%

PROPOSES A FINAL DIVIDEND OF EUR 1.00 PER SHARE

OUTLOOK 2026: EXPECTS NET PENSION INTEREST EXPENSES AND ACCRETION EXPENSES TO BE IN THE RANGE OF $190 MILLION TO $220 MILLION PER QUARTER

OUTLOOK 2026: EXPECTS AVERAGE GROSS DEBT COUPON TO BE AROUND 4%

OUTLOOK 2026: EXPECTS NORMALIZED EFFECTIVE TAX RATE TO BE IN THE RANGE OF 26% TO 28%

OUTLOOK 2026: EXPECTS NET CAPITAL EXPENDITURE OF BETWEEN $3.5 BILLION AND $4.0 BILLION

Source text: ID:nBw7gdTyza

Further company coverage: ABI.BR

 (Gdansk Newsroom)

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