AB InBev said its earnings before interest, tax, depreciation and amortization (EBITDA) would rise by between 4% and 8% this year, with revenue expanding by a higher percentage, according to an article in The Drinks Business.
For 2021, EBITDA was reportedly up 11.8%, close to the company’s previous outlook of 10-12%.
Unlike some other global brewers, which have warned that spiraling price hikes could cut into beer consumption, AB InBev’s outlook did not mention global inflation or increased input costs. What is unknow for craft brewers is whether or not rising costs will diminish craft beer sales in the US, as large brewers such as AB InBev may be able to hold pricing lower on their high-end craft brands.
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