ABInBev(BUD) - 2022 Q3 - Earnings Call Presentation
ABInBevABInBev(US:BUD)2022-10-27 21:20

3Q22 Operating Performance - Total volumes increased by 3.7%, with own beer up by 3.4% and non-beer up by 5.2%[5] - Total revenue grew by 12.1%, with revenue per hectoliter (hl) up by 8.0%[5] - EBITDA increased by 6.5%, resulting in an EBITDA margin of 35.2%[5] - Normalized EPS was $0.81, and underlying EPS was $0.84[5] Regional Performance - Middle America experienced organic revenue growth of 15.5% and organic EBITDA growth of 27.0%[6] - South America saw organic revenue growth of 5.8% and organic EBITDA growth of 2.8%[6] - EMEA reported organic revenue growth of 14.9% and organic EBITDA growth of 10.6%[6] - APAC experienced organic revenue growth of 7.1% and organic EBITDA growth of 1.7%[6] - North America saw organic revenue growth and organic EBITDA growth of 25.0%[7] Strategic Pillars - Global brands delivered 12.7% revenue growth in 3Q22, led by Corona with 23.5% growth[16] - BEES Monthly Active Users (MAU) increased from 2.1 million in September 2021 to 3.1 million in September 2022[33] - BEES Gross Merchandise Value (GMV) increased from approximately $5.5 billion in 3Q2021 to approximately $7.7 billion in 3Q2022[33] - Direct-to-consumer digital solutions generated approximately $100 million in revenue with 17 million online orders in 3Q22[36]