Get to know your offshore companies: ANHEUSER BUSCH INBEV NV (EURONEXT: ABI.BR)
Anheuser Busch is one of the largest brewing companies in the world, with a portfolio of over 500 beer brands. The company released its third-quarter results on the 25th of October 2019 for the nine months ending 30 September 2019. They reported total revenue of $13.17bn for the third quarter, up by 1.98% (3Q:18 $12.9bn).
During the year, AB InBev celebrated a milestone by successfully listing its Budweiser APAC on the Hong-Kong Stock Exchange through selling a minority stake. Management expects moderate EBITDA growth for 2019, given the headwinds experienced in the third quarter.
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