- Budweiser APAC’s fourth-quarter revenue was $1.14 billion, falling short of the $1.18 billion estimate.
- The adjusted EBITDA for the fourth quarter was $228 million, slightly below the expected $233.6 million.
- The adjusted EBITDA margin for the quarter stood at 20%.
- In a surprising turn, the adjusted EBIT surpassed expectations at $69 million compared to the $46.9 million estimate.
- For the full year 2024, Budweiser APAC’s net income was $726 million, under the $767.5 million estimate.
- The normalized net income for the year reached $778 million.
- Annual revenue was reported at $6.25 billion, slightly under the estimated $6.29 billion.
- Budweiser APAC achieved a gross margin of 50.4% for 2024, just shy of the 50.6% forecast.
- The company’s adjusted EBITDA for 2024 matched the estimate at $1.81 billion.
- Total volumes for the year were 84.81 million hectoliters.
- A final dividend of 5.66 cents per share was declared.
- Analyst ratings indicated 29 buys, 5 holds, and no sells.
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A look at Budweiser Brewing APAC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts believe that Budweiser Brewing APAC continues to show promise in the long term based on the Smartkarma Smart Scores. With an overall positive outlook, the company scores well in areas such as value, dividend, growth, resilience, and momentum. This suggests that Budweiser Brewing APAC is positioned favorably in the market and is expected to perform steadily over time.
Budweiser Brewing Company APAC Limited, known for its renowned brands like Budweiser, Stella Artois, and Corona, is a key player in the beer industry. Operating in major markets such as China, South Korea, India, and Vietnam, the company’s diverse portfolio and solid performance in various aspects indicate a promising future ahead.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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