Loading...
AB InBev posted solid Q2 2025 results, driven by revenue and EBITDA growth across key markets. Volume growth in South and Central America offset softer performance in the U.S. The company maintained a strong cash position and generated substantial free cash flow.
Total revenue was $15.7 billion, reflecting 2.4% organic growth.
Normalized EBITDA grew 5.2% with margin expansion to 35.4%.
EPS rose to $0.83 and underlying EPS to $0.86.
Free cash flow totaled $3.2 billion in the first half of 2025.
AB InBev reaffirmed its 2025 outlook with expectations of EBITDA growth in line with medium-term guidance and continued deleveraging.