AB InBev Reports Strong Financial Performance for 2023

Anheuser-Busch InBev SA/NV (AB InBev) has unveiled its financial results for the fourth quarter and full year of 2023, showcasing robust growth despite challenges in volume. The company reported a 7.8% increase in total revenue for the full year, reaching impressive figures amidst market fluctuations.

Key Financial Highlights

• Revenue Growth: AB InBev’s total revenue surged by 7.8% in 2023, indicating a resilient performance in the face of market challenges. Despite a 1.7% decline in total volumes, the company’s revenue growth underscores its ability to drive value amidst changing consumer preferences.
• Profitability: The company’s profitability metrics remained strong, with normalized EBITDA increasing by 7.0% for the full year. This growth in profitability reflects AB InBev’s strategic initiatives and operational efficiency, contributing to its overall financial strength.
• Dividend Proposal: Shareholders can anticipate a proposed full-year 2023 dividend of €0.82 per share, subject to approval at the upcoming Annual General Meeting. This dividend proposal reflects the company’s commitment to delivering value to its shareholders amidst a challenging operating environment.

Outlook for 2024

Looking ahead, AB InBev remains optimistic about its prospects for 2024, with a focus on driving sustainable growth and value creation. The company expects its EBITDA to continue growing in line with its medium-term outlook, demonstrating confidence in its ability to navigate prevailing market conditions.

Proposed Dividend Timetable

AB InBev has outlined the proposed timetable for the dividend, subject to shareholder approval:

Conclusion

AB InBev’s strong financial performance in 2023 underscores its resilience and strategic focus on delivering value to shareholders. With a proposed dividend and an optimistic outlook for 2024, investors can look forward to continued growth and value creation from one of the world’s leading beverage companies.