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    Home»Stock Market»AB InBev fourth quarter net profit beats forecasts; dividend raised
    Stock Market

    AB InBev fourth quarter net profit beats forecasts; dividend raised

    Credit EnsuredBy Credit EnsuredMarch 2, 2023Updated:March 2, 2023No Comments1 Min Read
    AB InBev fourth quarter net profit beats forecasts; dividend raised
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    Anheuser-Busch InBev SA BE:ABI stated Thursday that fourth-quarter internet revenue rose above market expectations, supported by income progress regardless of a fall in volumes, and raised its dividend payout.

    The world’s largest brewer–which homes the Stella Artois and Budweiser manufacturers amongst its portfolio–reported a internet revenue of $2.84 billion, up from $1.96 billion in the identical interval a yr in the past and forward of a consensus forecast of $2.20 billion, taken from FactSet and based mostly on 4 analysts’ estimates.

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