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MarketScreener Homepage  >  Equities  >  Euronext Bruxelles  >  Anheuser-Busch InBev    ABI   BE0974293251

ANHEUSER-BUSCH INBEV

(ABI)
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Delayed Quote. Delayed Euronext Bruxelles - 10/26 12:39:58 pm
47.845 EUR   -1.37%
10/26ANHEUSER-BUSCH INBEV : quaterly earnings release
10/21AB INBEV : Gets a Neutral rating from JP Morgan
MD
10/21AB INBEV : Buy rating from Bernstein
MD
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Carlsberg raises 2020 outlook on strong sales in China, Eastern Europe

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09/17/2020 | 10:02am EDT
Carlsberg beer cans are seen at a pub in Mumbai

Danish brewer Carlsberg on Thursday raised its full-year earnings expectations after positive momentum last month, buoyed by solid sales in Eastern Europe and an improved outlook in China.

The world's third-biggest brewer after Anheuser Busch InBev and Heineken now expects a "high-single-digit percentage" fall in organic operating profit versus its previous expectation of a 10%-15% decline.

Carlsberg said the new outlook reflected "better than expected August results, continued solid volume development in Eastern Europe and an improved outlook in western China after the recent relaxation of second-wave COVID-19 restrictions."

The Copenhagen-based brewer warned last month that although drinkers had started to return to bars and restaurants in China and Western Europe over the summer, lockdowns were likely to keep sales subdued in the second half of the year.

Shares in Carlsberg traded 3.5% higher following the news. At 1243 GMT, they were up 1.5% at 883 Danish crowns, up from a March low of 650 crowns.

(Reporting by Jacob Gronholt-Pedersen; editing by Jason Neely and Keith Weir)


Stocks mentioned in the article
ChangeLast1st jan.
ANHEUSER-BUSCH INBEV -1.37% 47.845 Delayed Quote.-34.20%
CARLSBERG A/S -0.96% 845.8 Delayed Quote.-14.07%
HEINEKEN HOLDING N.V. -1.05% 70.4 Delayed Quote.-18.52%
HEINEKEN N.V. -0.32% 80.9 Delayed Quote.-14.77%
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All news about ANHEUSER-BUSCH INBEV
10/26ANHEUSER-BUSCH INBEV : quaterly earnings release
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Financials (USD)
Sales 2020 45 219 M - -
Net income 2020 799 M - -
Net Debt 2020 85 362 M - -
P/E ratio 2020 187x
Yield 2020 1,95%
Capitalization 111 B 111 B -
EV / Sales 2020 4,35x
EV / Sales 2021 3,93x
Nbr of Employees 170 000
Free-Float 39,4%
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Technical analysis trends ANHEUSER-BUSCH INBEV
Short TermMid-TermLong Term
TrendsNeutralBullishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 67,02 $
Last Close Price 56,50 $
Spread / Highest target 71,6%
Spread / Average Target 18,6%
Spread / Lowest Target -27,9%
EPS Revisions
Managers
NameTitle
Carlos Alves de Brito Chief Executive Officer
Martin J. Barrington Chairman
Fernando Mommensohn Tennenbaum Chief Financial Officer
David Almeida Chief Strategy & Technology Officer
William F. Gifford Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ANHEUSER-BUSCH INBEV-34.20%113 188
HEINEKEN N.V.-14.77%55 270
BUDWEISER BREWING COMPANY APAC LIMITED-6.27%42 049
AMBEV S.A.-23.94%38 834
CONSTELLATION BRANDS, INC.-7.79%34 576
HEINEKEN HOLDING N.V.-18.52%24 258