Anheuser Busch Inbev SA (NYSE: BUD) reported earnings in the third quarter of $14.3 bn, showing 7.9% natural development. Underlying money profits grew 3% to $5.2 bn.
[soros] Q3 2021 hedge fund letters, conferences and moreValueWalks November 2021 Hedge Fund Update: Rokos Capitals Worst-Ever LossWelcome to our most current concern of concern of ValueWalks hedge fund update. Listed below customers can discover an excerpt in text and the complete issue in PDF format. Please send us your feedback! Including hedge fund possessions near $4 trillion, hedge funds slash their exposure to the big 5 tech companies, and Rokos Capitals worst-ever loss. Read MoreAs an outcome of “ongoing momentum” money revenue guidance was raised to between 10% and 12%.
The board has chosen not to provide an interim dividend.
The shares increased 4.7% following the statement.
Anheuser Busch Inbev Raises Full Year Cash Profit Guidance
Matt Britzman, Equity Analyst at Hargreaves Lansdown:
” Unlike rival Heineken, Anheuser Busch Inbev posted growing volumes as momentum continues to drive profits up above pre-pandemic levels. That led the group to raise full year cash earnings guidance.
With a basket of prominent brand names from Budweiser to Stella Artois, Anheuser Busch Inbev is currently benefiting. The premium portfolio continues to lead development, accounting for over 30% of sales.
That said, financial obligation in business is eye wateringly high and its difficult to get too thrilled till thats been remedied.”
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Upgraded on Oct 28, 2021, 10:50 am
Q3 2021 hedge fund letters, conferences and moreValueWalks November 2021 Hedge Fund Update: Rokos Capitals Worst-Ever LossWelcome to our newest problem of problem of ValueWalks hedge fund update. Featuring hedge fund assets near $4 trillion, hedge funds slash their exposure to the huge 5 tech business, and Rokos Capitals worst-ever loss. Read MoreAs a result of “continued momentum” cash revenue assistance was raised to between 10% and 12%.
The premium portfolio continues to lead growth, accounting for over 30% of sales.