Brussels (The Brussels Morning Newspaper): AB InBev did really well in the last few months. They made more money before some costs and the profit for shareholders went up too. Their sales also increased showing they are selling well even with competition. The big boss Michel Doukeris thinks they will keep growing and expects to make even more money each year.
AB InBev the big beer company did really well in the second quarter of 2024. Their earnings before certain expenses went up by 10.2%, reaching $5.3 billion. Their profit for shareholders also went up a lot from $1.4 billion to $1.8 billion. This shows they did a lot better this year compared to last year. AB InBev the big beer company made more cash from selling stuff going up by 2.7% to $15.33 billion. This little increase in sales shows they’re doing good in selling more even with lots of competition.AB InBev is earning more money and doing well in the market.
What factors contributed to AB InBev’s Q2 2024 success?
SAB InBev the big beer company did really well in the second quarter of 2024. They made more money before some expenses going up by 10.2% to $5.3 billion. Their profit for shareholders also went up a lot from $1.4 billion to $1.8 billion.They did a lot better this year compared to last year. AB InBev the big beer company also made more money from selling stuff going up by 2.7% to $15.33 billion. This little increase in sales shows they’re doing good in selling more even with lots of competition. AB InBev is earning more money and doing well in the market
They expect their earnings to grow each year by 4% to 8%. They believe in this growth because of the smart things they’re doing to make more money. AB InBev the big drink company wants to grow by doing things better and reaching more customers. They plan to show they’re doing well financially and can handle competition. By aiming for this growth they are following what people expect and their own money plans. AB InBev’s big boss said they made a lot more money in the first half of the year.They are doing well in improving their business which led to a 25% rise in how much money each share makes. This big jump in share money shows that AB InBev is making smart moves to earn more and keep their shareholders happy.The good results they got show that the company is strong and in a good position in the market. AB InBev plans to keep working on their goals making their business better and creating more value for the people who have a stake in the company.
