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UPDATE: Anheuser Busch Inbev Q4 profit Drops 2.9%

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Anheuser Busch Inbev NV (NYSE: BUD) reported a 2.9% drop in its fourth-quarter net profit.

Net profit attributable to equity holders declined to $1.76 billion.

Its revenue climbed 8.8% to $10.29 billion, while adjusted earnings before interests, taxes, depreciations and amortizations surged 9.9% to $4.39 billion.

Analysts were expecting a net profit of $2.02 billion on revenue of $10.21 billion.

Anheuser Busch Inbev shares closed at $91.80 yesterday.

Posted-In: profitEarnings News

 

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