for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Budweiser Brewing Company APAC Ltd

1876.HK

Latest Trade

24.90HKD

Change

0.15(+0.61%)

Volume

11,038,266

Today's Range

24.35

 - 

25.20

52 Week Range

18.00

 - 

29.50

As of on the Hong Kong Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Budweiser Brewing Company APAC Posts Q3 Revenue Of $1,823 Mln Versus $1,822 Mln

Oct 29 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::Q3 REVENUE $1,823 MILLION VERSUS $1,822 MILLION.Q3 TOTAL VOLUMES 27,538 THOUSAND HECTOLITRES VERSUS 27,525 THOUSAND HECTOLITRES.REMAIN CONFIDENT ABOUT OUR GROWTH MOMENTUM IN CHINA.REMAIN OPTIMISTIC ABOUT LONG-TERM POTENTIAL OF INDIA MARKET.QTRLY NORMALIZED PROFIT ATTRIBUTABLE $320 MILLION VERSUS $310 MILLION.GROUP EBITDA PERFORMANCE IN 3Q20 SIGNIFICANTLY IMPROVED FROM 2Q20 AND RETURNED TO SIMILAR LEVEL AS 3Q19.

Budweiser Brewing Company Apac Posts HY Revenue $2,575 Million

July 30 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::HY REVENUE $2,575 MILLION VERSUS $3,522 MILLION.HY TOTAL VOLUMES 38733 THOUSAND HECTOLITRES VERSUS 50229 THOUSAND HECTOLITRES.HY PROFIT ATTRIBUTABLE $185 MILLION VERSUS $606 MILLION.BUSINESS IMPROVED SIGNIFICANTLY IN 2Q20, ESPECIALLY IN CHINA.VOLUMES IN CHINA GREW BY MID-SINGLE DIGITS IN BOTH MAY AND JUNE.HAVE NOT EXPERIENCED ANY MATERIAL DISRUPTION OF SUPPLY CHAIN; ADJUSTED PRODUCTION LEVELS ACCORDING TO MARKET DEMAND.BUSINESS WAS AFFECTED BY COVID-19 PANDEMIC DURING 1H20, IT IMPROVED SIGNIFICANTLY IN 2Q20, ESPECIALLY IN CHINA.COMMITTED TO REDUCING CARBON EMISSIONS BY 25% & SECURING 100% OF PURCHASED ELECTRICITY FROM RENEWABLE SOURCES BY 2025.VOLUMES WERE SIGNIFICANTLY IMPACTED IN 2Q20 IN INDIA DUE TO A NATIONAL LOCKDOWN.REVENUE PER HL DECLINED BY LOW SINGLE DIGITS DURING 2Q20 IN S. KOREA.BY 2025, AIMS TO ENSURE 100% OF PRODUCT IS IN PACKAGING THAT IS RETURNABLE OR MADE LARGELY FROM RECYCLED CONTENT.

Budweiser Brewing Company APAC says Felipe Dutra Has Retired As A Non-Executive Director

June 4 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::BUDWEISER BREWING COMPANY APAC- FELIPE DUTRA HAS RETIRED AS A NON-EXECUTIVE DIRECTOR.BUDWEISER BREWING COMPANY APAC- KATHERINE (KATIE) BARRETT BEIMDIEK HAS BEEN APPOINTED AS A NON-EXECUTIVE DIRECTOR.BUDWEISER BREWING COMPANY APAC- NELSON JOSE JAMEL APPOINTED AS A NON-EXECUTIVE DIRECTOR.

Budweiser Brewing Company APAC Posts Q1 Normalised Loss Attributable $6 Mln

May 7 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::QTRLY TOTAL VOLUMES 12,772 THOUSAND HECTOLITRES VERSUS 22,116 THOUSAND HECTOLITRES.QTRLY REVENUE $956 MILLION VERSUS $1606 MILLION.BUSINESS WAS STRONGLY AFFECTED BY COVID-19 PANDEMIC DURING Q1 2020.Q1 NORMALISED LOSS ATTRIBUTABLE $6 MILLION VERSUS PROFIT OF $259 MILLION.ADDITIONAL COST INITIATIVES STARTED TO TAKE EFFECT MAINLY IN MARCH & EXPECTED TO CONTINUE IN Q2 2020.SINCE MID-MARCH, BUSINESS IMPROVING CONSISTENTLY WEEK-OVER-WEEK, DRIVEN BY RECOVERY IN CHINA & SOUTH KOREA.BELIEVE THAT LONG-TERM GROWTH POTENTIAL OF ASIA PACIFIC REGION REMAINS STRUCTURALLY INTACT."STARTING IN MARCH, WE HAVE OBSERVED AN ENCOURAGING TREND OF BUSINESS RECOVERY".IN CHINA, ESTIMATE VOLUMES DECLINED BY ABOUT 17% IN APRIL 2020.RE-OPENED ALL OF OUR BREWERIES IN CHINA.IN INDIA, RECEIVED PERMITS TO RESUME OPERATIONS AT MAJORITY OF BREWERIES.IN VIETNAM & OTHER SOUTH EAST ASIA MARKETS, PANDEMIC'S IMPACT EXPECTED TO BE MORE SIGNIFICANT IN 2Q20.IN SOUTH KOREA, IN APRIL, CO CONTINUED TO OBSERVE ENCOURAGING TREND OF BUSINESS RECOVERY.

Budweiser Brewing Company APAC Posts FY Profit Attributable $898 Mln

Feb 27 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::FY PROFIT ATTRIBUTABLE $898 MILLION VERSUS $958 MILLION.FY REVENUE $6,546 MILLION VERSUS $6,740 MILLION.ANNOUNCES A FINAL DIVIDEND OF US DOLLAR 2.63 CENTS PER SHARE.TOTAL VOLUMES DECREASED BY 3.0% IN FY19.FINISHED 2019 WITH A CHALLENGING 4Q19 IN CHINA DUE TO A SLOW RECOVERY IN NIGHTLIFE CHANNEL.HAD A STRONG START OF YEAR DURING FIRST THREE WEEKS OF JANUARY 2020.IMPACT OF VIRUS OUTBREAK ON BUSINESS CONTINUES TO EVOLVE.HAVE OBSERVED ALMOST NO ACTIVITY IN NIGHTLIFE CHANNEL AND VERY LIMITED ACTIVITY IN RESTAURANTS.FOR FIRST TWO MONTHS OF 2020, ESTIMATING A DECLINE IN REVENUE OF ABOUT 285 MILLION USD ORGANICALLY.PREMIUM PORTFOLIO IN CHINA LED BY BUDWEISER EXPERIENCED A LOW SINGLE-DIGIT VOLUME DECLINE IN FY19.OBSERVED DECLINE IN IN-HOME CHANNEL WITH EXCEPTION OF E-COMMERCE, WHICH HAS ACCELERATED GROWTH SIGNIFICANTLY IN CHINA.FOR FIRST 2 MONTHS OF 2020, ESTIMATING DECLINE IN NORMALIZED EBITDA OF ABOUT 170 MILLION USD ORGANICALLY IN CHINA.RE-OPENED MORE THAN HALF OF BREWERIES & OBTAINED LICENSES TO RE-OPEN ALL OF OTHER BREWERIES, EXCEPT IN WUHAN.

Budweiser Brewing Company Apac Says Jan Eli B. Craps Appointed As Co-Chair Of Co

Feb 20 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::BUDWEISER BREWING COMPANY APAC LTD- JAN ELI B. CRAPS HAS BEEN APPOINTED AS CO-CHAIR OF COMPANY.

Budweiser Brewing Company 9-Mth Revenue Up 3.1%

Oct 25 (Reuters) - Budweiser Brewing Company APAC Ltd <1876.HK>::REVENUE GREW BY 3.1% AND REVENUE PER HECTOLITER (HL) BY 5.7% IN 9M19.NORMALIZED PROFIT ATTRIBUTABLE TO EQUITY HOLDERS INCREASED TO 957 MILLION USD FROM 912 MILLION USD IN 9M19.IN 9M19, SAW OVERALL INDUSTRY DECLINE IN SOUTH KOREA, DRIVEN BY WEAKER CONSUMER SENTIMENT, WHICH WORSENED SINCE APRIL.

Anheuser-Busch InBev Announces Full Exercise of Over-allotment Option for the IPO of Budweiser APAC

Oct 2 (Reuters) - Anheuser Busch Inbev Sa <ABI.BR>::SAYS UPON FULL EXERCISE OF OVER-ALLOTMENT OPTION, AB INBEV WILL CONTROL 87.22% OF ISSUED SHARE CAPITAL OF BUDWEISER APAC.AB INBEV INTENDS TO APPLY ALL OF NET PROCEEDS FROM OFFERING TO REPAY DEBT.ANHEUSER-BUSCH INBEV ANNOUNCES FULL EXERCISE OF OVER-ALLOTMENT OPTION FOR INITIAL PUBLIC OFFERING OF BUDWEISER APAC.EXPECTS ADDITIONAL GROSS PROCEEDS FROM FULL EXERCISE OF OVER-ALLOTMENT OPTION TO BE 5,879 MILLION HKD.

Anheuser-Busch Says Announces Offer Price And Allotment Results Of The IPO Of Budweiser APAC

Sept 26 (Reuters) - Anheuser Busch Inbev Sa <ABI.BR>::ANHEUSER-BUSCH INBEV ANNOUNCES OFFER PRICE AND ALLOTMENT RESULTS OF THE IPO OF BUDWEISER APAC ON THE HONG KONG STOCK EXCHANGE.OFFER PRICE HAS BEEN DETERMINED AT 27.00 HKD PER OFFER SHARE.SHARES INITIALLY OFFERED UNDER HONG KONG PUBLIC OFFERING OF BUDWEISER APAC HAVE BEEN OVER-SUBSCRIBED.ANHEUSER BUSCH - AB INBEV ESTIMATES NET PROCEEDS OF THIS OFFERING TO BE APPROXIMATELY 38.2 BILLION HKD (APPROXIMATELY 4.9 BILLION USD).ANHEUSER BUSCH INBEV - BUDWEISER APAC PARTIALLY EXERCISED OFFER SIZE ADJUSTMENT OPTION RAISING OFFERING TO TOTAL OF 1.45 BILLION SHARES TO COVER MARKET DEMAND..ANHEUSER BUSCH INBEV - FINAL NUMBER OF OFFER SHARES UNDER HONG KONG PUBLIC OFFERING IS 72.6 MILLION OFFER SHARES.ANHEUSER BUSCH INBEV- FINAL NUMBER OF OFFER SHARES UNDER HONG KONG PUBLIC OFFERING IS 72.6 MILLION OFFER SHARES.IF OVER-ALLOTMENT OPTION IS EXERCISED IN FULL, AB INBEV WILL CONTROL 87.22% AS AT END OF EXERCISE PERIOD.SAYS AB INBEV ESTIMATES ADDITIONAL NET PROCEEDS WOULD BE APPROXIMATELY 5.8 BILLION HKD.IF OVER-ALLOTMENT OPTION IS NOT EXERCISED AT ALL, AB INBEV WILL CONTROL 88.86% AS AT END OF EXERCISE PERIOD.SAYS AB INBEV INTENDS TO APPLY ALL OF NET PROCEEDS FROM OFFERING TO REPAY DEBT..FINAL NUMBER OF OFFER SHARES ALLOCATED TO PLACEES UNDER INTERNATIONAL OFFERING IS 1.38 BILLION OFFER SHARES.AB INBEV WILL CONTROL A MAJORITY OWNERSHIP OF BUDWEISER APAC.

AB InBev Says Pricing Of IPO Of Budweiser APAC At HK$27 Per Share

Sept 23 (Reuters) - Anheuser Busch Inbev NV <ABI.BR>::ANHEUSER-BUSCH INBEV ANNOUNCES PRICING OF INITIAL PUBLIC OFFERING OF BUDWEISER APAC.DECISION TO PROCEED WITH IPO OF 1,262,350,000 SHARES OF MINORITY STAKE OF ASIA PACIFIC UNIT, BUDWEISER BREWING COMPANY APAC LTD.ANNOUNCED DECISION TO PRICE IPO OF 1,262,350,000 SHARES OF MINORITY STAKE OF BUDWEISER BREWING CO APAC AT 27.00 HKD PER SHARE.PARTIALLY EXERCISED OFFER SIZE ADJUSTMENT OPTION, ISSUING ADDITIONAL 189,354,000 SHARES FOR TOTAL OF 1,451,704,000 SHARES.AB INBEV WILL CONTROL A MAJORITY OWNERSHIP OF BUDWEISER APAC.AB INBEV EXPECTS GROSS PROCEEDS OF OFFERING TO BE 39.2 BILLION HKD PRIOR TO ANY EXERCISE OF OVER-ALLOTMENT OPTION.IF OVER-ALLOTMENT OPTION IS EXERCISED IN FULL, AB INBEV WOULD EXPECT ADDITIONAL GROSS PROCEEDS TO BE 5.9 BILLION HKD.AB INBEV INTENDS TO APPLY ALL OF NET PROCEEDS FROM OFFERING TO REPAY DEBT.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up