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AB InBev   EBITDA slipped 2.0 percent

AB InBev Q3 normalized profit down

AB InBevAnheuser-Busch InBev said its normalized profit attributable to equity holders in the third quarter slid to $1.363 billion from last year's $1.673 billion, hurt by the organic decline in EBITDA.

Normalized earnings per share declined to $0.83 from $1.02.

READ MORE Anheuser-Busch InBev net profit $400 million

During the quarter, EBITDA slipped 2.0 percent to $4.032 billion, driven by a very weak result in Brazil. EBITDA margin fell 178 bps to 36.3 percent in the quarter.

Quarterly revenue rose 2.8 percent to $11.376 billion. Total volumes declined by 0.9 percent, with the Group's own beer volumes down by 0.2 percent.

In addition, AB InBev said its board approved an interim dividend of 1.60 euros per share for the fiscal year 2016.




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