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Bud APAC 1Q26 normalized EBITDA drops 8.1% to USD 463 million

PUBT·05/04/2026 23:01:05
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Bud APAC 1Q26 normalized EBITDA drops 8.1% to USD 463 million
  • Budweiser Brewing Company APAC posted profit attributable to equity holders of USD 226 million for three months ended March 31, 2026, down from USD 234 million a year earlier; revenue slipped 0.7% to USD 1.49 billion.
  • Normalized EBITDA fell 8.1% to USD 463 million, pushing normalized EBITDA margin down 2.46 percentage points to 31%.
  • Total volumes edged up 0.1% to 19.74 million hectoliters, helped by strong momentum in India and an improved industry in China, but offset by shipment phasing in South Korea.
  • China volumes declined 1.5% as the year-on-year drop narrowed quarter-over-quarter; management said increased investments showed signs of progress while it stayed focused on in-home route-to-market, portfolio upgrades, and megabrand innovation.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Budweiser Brewing Company APAC Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260505-12145086), on May 04, 2026, and is solely responsible for the information contained therein.