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India

Anheuser Busch Inbev NV (ANHJ.J)

ANHJ.J on Johannesburg Stock Exchange

93,198.00ZAc
3 Aug 2020
Change (% chg)

-846.00 (-0.90%)
Prev Close
94,044.00
Open
93,900.00
Day's High
94,300.00
Day's Low
91,087.00
Volume
108,005
Avg. Vol
182,494
52-wk High
151,318.00
52-wk Low
57,267.00

Latest Key Developments (Source: Significant Developments)

Asahi Group Holdings - Completed Procedures For Acquisition Of AB Inbev's Australia Unit
Monday, 1 Jun 2020 

June 1 (Reuters) - Asahi Group Holdings Ltd <2502.T>::COMPLETES PROCEDURES FOR ACQUISITION OF AB INBEV'S AUSTRALIA UNIT.  Full Article

Brazil's Ambev Says Q2 Will Be Tougher With All Markets Suffering From Volumes Decline - CEO
Thursday, 7 May 2020 

May 7 (Reuters) - :BRAZILIAN BEVERAGES COMPANY AMBEV SAYS HAS REPORTED LIMITED CASES OF CORONAVIRUS WITHIN THE COMPANY, IS OFFERING SUPPORT TO EMPLOYEES AND FAMILIES - CEO.BRAZIL'S AMBEV SAYS IT HAS AMPLE LIQUIDITY TO FACE CORONAVIRUS CRISIS, FINANCIAL DISCIPLINE ALSO HELPING - CEO.BRAZIL'S AMBEV CEO SAYS COMPANY IS REVIEWING COSTS, INVESTMENTS AND OTHER EXPENSES.BRAZIL'S AMBEV SAYS Q2 WILL BE TOUGHER WITH ALL MARKETS SUFFERING FROM VOLUMES DECLINE - CEO.BRAZIL'S AMBEV SAYS HEDGING POLICY ON FX AND COMMODITIES REMAINS IN PLACE AMID INCREASING VOLATILITY IN MARKETS - CFO.BRAZIL'S AMBEV SEES RESILIENCE IN SALES FOR CONSUMPTION AT HOME (OFF-TRADE SALES), IS BOOSTING ONLINE CHANNELS IN BOTH B2C AND B2B - CEO.BRAZIL'S AMBEV SEES COVID-19 AS CATALYST TO ACCELERATE CHANGES INITIATED BEFORE THE CRISIS, COMPETITIVE LANDSCAPE NOT MOVING AS FAST AS COMPANY IS - CEO.BRAZIL'S AMBEV TO EXIT CRISIS WITH A STRONGER CONNECTION WITH CUSTOMERS, SEES COMPETITORS 'ALIENATED' - CEO.BRAZIL'S AMBEV SEES RESILIENCE IN SALES TO "MOM-AND-POP STORES", VERY GRANULAR GROWTH - CEO.BRAZIL'S AMBEV CEO SAYS PRICING NOT A BIG ISSUE MOVING FORWARD, DISTRIBUTION AND SCALE WILL BE KEY - CEO.BRAZIL'S AMBEV CFO SAYS COMPANY SAW AN INITIAL SPIKE IN ISSUES WITH RECEIVABLES BETWEEN LATE MARCH AND EARLY APRIL, BUT SITUATION HAS SINCE IMPROVED.BRAZIL'S AMBEV CEO SAYS PRICES SHOULD GROW IN LINE WITH DISPOSABLE INCOME AND INFLATION, DOES NOT SEE "PRICE WAR" DESPITE COVID-19.  Full Article

Anheuser-Busch Inbev Reports Flat EBITDA In Q3
Friday, 25 Oct 2019 

Oct 25 (Reuters) - ANHEUSER BUSCH INBEV NV ::ANHEUSER-BUSCH INBEV REPORTS THIRD QUARTER AND NINE MONTHS 2019 RESULTS.Q3 REVENUE: REVENUE GREW BY 2.7% IN THE QUARTER.Q3 REVENUE $13.17 BILLION VERSUS $12.92 BILLION (RESTATED) YEAR AGO.Q3 EBITDA WAS FLAT IN THE QUARTER.NORMALIZED EPS IN 3Q19 WAS 1.22 USD, AN INCREASE FROM 0.77 USD IN 3Q18, POSITIVELY IMPACTED BY MARK-TO-MARKET GAINS LINKED TO THE HEDGING OF OUR SHARE-BASED PAYMENT PROGRAMS.Q3 VOLUME: TOTAL VOLUMES DECREASED BY 0.5% IN 3Q19.NORMALIZED PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF AB INBEV WAS 2 412 MILLION USD IN 3Q19 VERSUS 1 517 MILLION USD IN 3Q18.Q3 COS INCREASED BY 6.9% IN 3Q19.IN FY19, WE CONTINUE TO EXPECT TO DELIVER STRONG REVENUE GROWTH, DRIVEN BY THE SOLID PERFORMANCE OF OUR BRAND PORTFOLIO AND STRONG COMMERCIAL PLANS.AB INBEV BOARD HAS APPROVED AN INTERIM DIVIDEND OF 0.80 EUR PER SHARE FOR THE FISCAL YEAR 2019.WE NOW EXPECT MODERATE EBITDA GROWTH IN FY19 GIVEN THE ADDITIONAL HEADWINDS FACED IN 3Q19 WHICH WE ANTICIPATE WILL CONTINUE INTO 4Q19.WE REMAIN CONFIDENT IN OUR STRATEGY AND THE FUNDAMENTAL STRENGTH OF OUR BUSINESS.WE EXPECT THAT OUR SALES AND MARKETING INVESTMENTS WILL BE MUCH MORE BALANCED THROUGHOUT THE YEAR, RESULTING IN A MORE DIFFICULT COMPARABLE IN THE SECOND HALF OF 2019.FY19 REVENUE PER HL GROWTH SHOULD NOW BE SLIGHTLY BELOW INFLATION.WE CONTINUE TO EXPECT A MORE BALANCED TOP-LINE GROWTH BETWEEN VOLUMES AND REVENUE PER HL AND FOR OUR TOTAL COSTS (SUM OF COS PER HL AND SG&A) TO GROW BELOW INFLATION.  Full Article

Hong Kong Exchanges And Clearing To Offer Investors More Options On Budweiser Brewing Company Apac
Tuesday, 24 Sep 2019 

Sept 24 (Reuters) - Hong Kong Exchanges and Clearing Ltd <0388.HK>::WILL OFFER INVESTORS MORE OPTIONS ON BUDWEISER BREWING COMPANY APAC LIMITED.INFORMS ISSUERS THEY CAN LIST DERIVATIVE WARRANTS ON BUDWEISER SHARES WHEN THE SHARES DEBUT ON HKEX’S SECURITIES MARKET.BUDWEISER FUTURES AND OPTIONS WILL BE INTRODUCED ON 30 SEPT 2019.BUDWEISER SHARES WILL ALSO BE INCLUDED IN HKEX’S DESIGNATED SECURITIES ELIGIBLE FOR SHORT SELLING ON 30 SEPTEMBER.WILL OFFER INVESTORS MORE OPTIONS ON BUDWEISER BREWING COMPANY APAC LIMITED.  Full Article

South Africa Competition Tribunal Says Distell Accuses AB-Inbev, SABMiller Of Breaching Merger Conditions
Wednesday, 11 Sep 2019 

Sept 11 (Reuters) - SOUTH AFRICA COMPETITION TRIBUNAL::DISTELL SAYS AB-INBEV, SAB MILLER MERGED ENTITY OF BREACHED MERGER CONDITIONS, TAKES MATTER TO TRIBUNAL.DISTELL ALLEGED MERGED ENTITY REMOVED COMPETITORS' ADVERTISING MATERIAL FROM OUTLETS; COMMISSION FOUND CONDITIONS NOT BREACHED.DISTELL NOW ASKING TRIBUNAL TO REVIEW, SET ASIDE COMMISSION'S FINDING, FOR A FULL INVESTIGATION TO BE CONDUCTED.TRIBUNAL WILL CONSIDER ALL SUBMISSIONS DURING HEARING, SCHEDULED TO TAKE PLACE ON 12-13 SEPTEMBER 2019.  Full Article

Anheuser-Busch InBev Announces Consent Solicitation By FBG Finance
Tuesday, 3 Sep 2019 

Sept 2 (Reuters) - Anheuser Busch Inbev NV ::ANHEUSER-BUSCH INBEV ANNOUNCES CONSENT SOLICITATION BY FBG FINANCE.ANHEUSER BUSCH INBEV - CONSENT SOLICITATION EXERCISE OF FBG'S OUTSTANDING A$700 MILLION 3.75% NOTES DUE 7 AUG 2020, A$550 MILLION 3.25% NOTES DUE 6 SEPT 2022.ANHEUSER BUSCH INBEV-CONSENT SOLICITATION EXERCISE ALSO FBG'S OUTSTANDING A$650 MILLION 3.75% NOTES DUE 6 SEPT 2024,A$450 MILLION 4.10% NOTES DUE 6 SEPT 2027.  Full Article

Craft Brew Alliance Says It Will Receive $20 Million Incentive Payment
Friday, 23 Aug 2019 

Aug 23 (Reuters) - Craft Brew Alliance Inc ::CRAFT BREW ALLIANCE CONFIRMS IT WILL RECEIVE $20 MILLION INCENTIVE PAYMENT FROM ANHEUSER-BUSCH IN LIEU OF QUALIFYING OFFER.CRAFT BREW ALLIANCE INC - EXISTING MASTER DISTRIBUTION AGREEMENT REMAINS INTACT THROUGH 2028.CRAFT BREW ALLIANCE INC - EXISTING CONTRACT BREWING AGREEMENT AND INTERNATIONAL DISTRIBUTION AGREEMENT REMAIN INTACT THROUGH 2026.CRAFT BREW ALLIANCE - CONFIRMED ANHEUSER-BUSCH NOT MADE QUALIFYING OFFER TO BUY REMAINING SHARES OF CO AS INDICATED IN 2016 INTERNATIONAL DISTRIBUTION AGREEMENT.  Full Article

AB InBev Sells Carlton & United Breweries To Asahi Group Holdings
Friday, 19 Jul 2019 

July 19 (Reuters) - Anheuser Busch InBev SA ::ANHEUSER-BUSCH INBEV AGREES TO SELL CARLTON & UNITED BREWERIES TO ASAHI GROUP HOLDINGS, LTD.ALL OF PROCEEDS FROM DIVESTITURE OF AUSTRALIAN BUSINESS WILL BE USED BY COMPANY TO PAY DOWN DEBT.AB INBEV'S COMMITMENT TO REACH A NET DEBT TO EBITDA TARGET RATIO OF BELOW 4X BY END OF 2020 IS NOT DEPENDENT ON COMPLETION OF THIS TRANSACTION.CARLTON & UNITED BREWERIES (CUB) SOLD FOR AUD 16.0 BILLION.SELLING PRICE IS IN ENTERPRISE VALUE.TRANSACTION REPRESENTS AN IMPLIED MULTIPLE OF 14.9X 2018 NORMALIZED EBITDA.TRANSACTION IS EXPECTED TO CLOSE BY THE FIRST QUARTER OF 2020..AB INBEV WILL GRANT ASAHI GROUP HOLDINGS, LTD. RIGHTS TO COMMERCIALIZE PORTFOLIO OF AB INBEV'S GLOBAL AND INTERNATIONAL BRANDS IN AUSTRALIA.  Full Article

Budweiser Brewer Explores Asset Sales After Calling Off Asia IPO - WSJ
Thursday, 18 Jul 2019 

July 18 (Reuters) - :BUDWEISER BREWER EXPLORES ASSET SALES AFTER CALLING OFF ASIA IPO - WSJ.ANHEUSER-BUSCH INBEV SA IS CONSIDERING SELLING OFF BUSINESS UNITS IN SOUTH KOREA, AUSTRALIA AND CENTRAL AMERICA - WSJ.ANHEUSER-BUSCH INBEV HOPES TO RAISE AT LEAST $10 BILLION FROM ASSET SALES- WSJ, CITING SOURCES.KKR & CO APPROACHED AB INBEV IN MAY ABOUT BUYING SOME OF THE ASIAN ASSETS- WSJ.  Full Article

Kraft Heinz Appoints Miguel Patricio CEO Effective July 1, 2019
Monday, 22 Apr 2019 

April 22 (Reuters) - Kraft Heinz Co ::KRAFT HEINZ BOARD OF DIRECTORS APPOINTS MIGUEL PATRICIO CHIEF EXECUTIVE OFFICER EFFECTIVE JULY 1, 2019.KRAFT HEINZ CO - PATRICIO WILL SUCCEED BERNARDO HEES.KRAFT HEINZ CO - HEES WILL REMAIN CEO THROUGH JUNE 30.KRAFT HEINZ - PATRICIO WILL JOIN CO AFTER A CAREER AT ANHEUSER-BUSCH INBEV.  Full Article