Anheuser Busch Reports Increase in Profit in Q4

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.