Budweiser Brewing Company APAC (HKG:1876) Full Year 2024 Results

Key Financial Results

• Revenue: US$6.25b (down 8.9% from FY 2023).
• Net income: US$726.0m (down 15% from FY 2023).
• Profit margin: 12% (in line with FY 2023).
• EPS: US$0.055 (down from US$0.065 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Budweiser Brewing Company APAC EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.0%.

The primary driver behind last 12 months revenue was the Asia Pacific West segment contributing a total revenue of US$4.89b (78% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$1.63b (67% of total expenses). Explore how 1876's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Beverage industry in Hong Kong.

Performance of the Hong Kong Beverage industry.

The company's shares are up 5.0% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Budweiser Brewing Company APAC that you should be aware of.

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