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AB InBev Reports Q1 2023 Results Short Form Announcement
Anheuser-Busch InBev SA/NV
(Incorporated in the Kingdom of Belgium)
Register of Companies Number: 0417.497.106
Euronext Brussels Share Code: ABI
Mexican Stock Exchange Share Code: ANB
NYSE ADS Code: BUD
JSE Share Code: ANH
ISIN: BE0974293251
(“AB InBev” or the “Company”)
AB InBev Reports Q1 2023 Results Short Form Announcement
KEY FIGURES
Total Revenue Normalized EBITDA
+ 13.2% + 13.6%
Revenue increased by 13.2% with revenue per hl Normalized EBITDA increased by 13.6% to 4 759
growth of 12.4%. million USD with a normalized EBITDA margin
expansion of 13 bps to 33.5%.
15.4% increase in combined revenues of our global
brands, Budweiser, Stella Artois and Corona, outside of Underlying Profit
their respective home markets.
1 310 million USD
Approximately 62% of our revenue through B2B digital
platforms with the monthly active user base of BEES Underlying profit (normalized profit attributable to
reaching 3.1 million users. equity holders of AB InBev excluding the impact of
hyperinflation) was 1 310 million USD in 1Q23
compared to 1 204 million USD in 1Q22.
Over 100 million USD of revenue generated by our
digital direct-to-consumer ecosystem.
Underlying EPS
Total Volume 0.65 USD
Underlying EPS was 0.65 USD in 1Q23, an increase
+0.9% from 0.60 USD in 1Q22.
Total volumes grew by 0.9%, with own beer volumes
up by 0.4% and non-beer volumes up by 3.6%.
SHORT FORM ANNOUNCEMENT
This short-form announcement is the responsibility of the board of directors of AB InBev and is a summary of the information
in the detailed financial results announcement and does not contain full or complete details. Any investment decision in
relation to the Company’s shares should be based on the full announcement.
The full announcement may be downloaded from:
https://senspdf.jse.co.za/documents/2023/jse/isse/anhe/Q12023.pdf
or from the Company’s website at www.ab-inbev.com
Copies may be requested from the Company and the Johannesburg office of the Company’s JSE Sponsor at no charge
during business hours for a period of 30 calendar days following the date of this announcement.
AB INBEV CONTACTS
Investors Media
Shaun Fullalove Kate Laverge
Tel. : +1 212 573 9287 Tel. : +1 917 940 7421
E-mail : shaun.fullalove@ab-inbev.com E-mail : kate.laverge@ab-inbev.com
Maria Glukhova Ana Zenatti
Tel. : +32 16 276 888 Tel. : +1 646 249 5440
E-mail : maria.glukhova@ab-inbev.com E-mail : ana.zenatti@ab-inbev.com
Cyrus Nentin Michaël Cloots
Tel : +1 646 746 9673 Tel. : +32 497 167 183
E-mail : cyrus.nentin@ab-inbev.com E-mail : michael.cloots@ab-inbev.com
4 May 2023
JSE Sponsor: Questco Corporate Advisory Proprietary Limited
Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with secondary listings on the
Mexico (MEXBOL: ANB) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on the New
York Stock Exchange (NYSE: BUD).
Date: 04-05-2023 08:00:00
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