Anheuser Busch recently posted their financial results for the fourth quarter of the 2014 fiscal year. The company’s results showed they managed to generate a higher net profit for this quarter than the same quarter of the previous year.
The board of the company agreed to the implementation of a share repurchase program worth $1 billion. They also declared a final divided of EUR 2 per share.
Anheuser Busch saw their net profit for the quarter increase from $2.52 billion during the same quarter of the previous year to $2.53 billion for this quarter. The company’s core profits increased by 5.6 percent, reaching $5.07 billion. This is compared to analyst expectations, which was for $5.31 billion.
The company generated revenues of $12 billion. This is compared to what analysts had predicted, which was that revenues would come in at $11.86 billion.
Anheuser Busch saw their US sales volume advance by 0.2 percent for Q4. The company’s shares declined by 0.85 percent, closing out the previous day of trading at $124.44. Anheuser Busch has been trading between $99.4 per share and $128.35 per share over the past 52 weeks. The company has a market cap of $205.1 billion with a price to earnings ratio of 22.46.
Anheuser Busch manufactures, distributes and markets beverages, both alcoholic and non-alcoholic. Some of their brands include Stella Artois, Budweiser, Corona, Skol, and Leffe.