Q1 revenue 14.547 bln usd, up organic 2.6% (Il Sole 24 Ore Radiocor) - Brussels, 08 May - The Belgian brewer AB Inbev said that in the first quarter normalized EBITDA stood at 4.987 billion dollars, up an organic 5.4%, as revenue grew an organic 2.6% to 14.547 billion.

Total volumes declined 0.6%, with own beer volumes down 1.3% and non-beer volumes up 3.5%.

Underlying earnings per share was 0.75 dollars, up from 0.65 dollars a year earlier.

The company expects full year EBITDA to grow in line with its medium-term outlook of 4-8%.

It also anticipates capital expenditure of 4.0-4.5 billion dollars in 2024.

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(RADIOCOR) 08-05-24 08:52:27 (0183) 5 NNNN