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AB InBev reports Q1 underlying EPS 75c, consensus 67c

Reports Q1 revenue $14.55B, consensus $14.42B. Total volumes declined by 0.6%. “The strength of the beer category, our diversified global footprint and the continued momentum of our megabrands delivered another quarter of broad-based top- and bottom-line growth. We are encouraged by our results to start the year, and the consistent execution by our teams and partners reinforces our confidence in delivering on our 2024 growth ambitions.” – Michel Doukeris.

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