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    AB InBev Profits Less Than Expected, But Increases Revenue and Ebitda

    The result was well below the expectations of analysts consulted by FactSet, who predicted a profit of US$ 501.5 million between July and September (Image: REUTERS/Francois Lenoir)

    A Anheuser-Busch InBev (AB InBev), the world’s largest brewer, announced this Thursday (28) that it had net income of US$ 250 million in the third quarter of 2021, representing a fraction of the gain of US$ 1.04 billion recorded in the same period last year.

    The result was well below the expectations of analysts consulted by FactSet, who predicted a profit of US$ 501.5 million between July and September.

    On the other hand, AB InBev’s revenue grew 7.9% year-on-year, to $14.27 billion, and its normalized Ebitda advanced 3%, to $5.21 billion, beating the FactSet consensus , of US$ 4.97 billion.

    AB InBev, which is the parent of Ambev (ABEV3) no Brazil, also adjusted its high Ebitda forecast normalized this year, to a range of 10% to 12%. Previously, the estimate was for growth of 8% to 12%.

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