1011 GMT - AB InBev delivered an extremely solid end to the year, with beats to consensus estimates all across metrics, with the exception of softer volumes, Barclays analysts say in a note. That miss was due to weakness in the Chinese market. The brewer remains "the king of cash generation," they say, after the company reduced its debt levels, increased the dividend payout and set Ebitda guidance for 2025 in line with expectations. Market consensus for AB InBev's outlook in 2025 could be potentially upgraded given lower capital expenses and tax guidance, the analysts add. "Overall, this is another extremely solid set of figures from the world's largest brewer." Shares are up 6.9% at 55.9 euro. (michael.susin@wsj.com)
(END) Dow Jones Newswires
February 26, 2025 05:11 ET (10:11 GMT)
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