Business Maverick: The world’s biggest brewer has indigestion

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 84%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Business Maverick: The world’s biggest brewer has indigestion By Sasha Planting sashaplanting

Global brewer AB InBev thumbed its nose at critics and economic misery-makers with the release of a sterling set of results that suggest that consumers around the world are in fine form, with most of them still drinking its beers.

It’s worth noting that the comparable period in 2018 was particularly strong, given AB InBev’s sponsorship of the 2018 FIFA World Cup, held in Russia. Net debt remains similar to year-end at $104,2-billion and is expected to reduce somewhat at year-end as the majority of the group’s cash flow is generated during the second half of the year. “

Net debt to Ebitda has reduced to 4.6x from 4.8x in the 2017 financial year and ABI targets this ratio to reach 4x by 2020, with a long-term target of 2x in place. this is intended to signal to shareholders that the board is determined to reverse a period of steep share price declines.save about $4-billion in cash a year.

“ABI got its pricing wrong. It placed a higher valuation on the business than the market was willing to bear,” says Armitage.Carlton & United Breweries, home to

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 3. in TH

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Business Maverick: IMF Cuts Global Growth Forecast Again as ‘Missteps’ Fuel ConcernThe International Monetary Fund further reduced its global growth outlook, already the lowest since the financial crisis, and suggested that policy “missteps” on trade and Brexit could derail a projected rebound.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

BUSINESS MAVERICK: Naspers’ Amsterdam listing elicits taxing questionsA kerfuffle has broken out among asset management companies about a scheme to avoid the immediate payment of capital gains tax in the process of Naspers’ listing in Amsterdam. Some say it’s tax avoidance rather than tax evasion. Others say it’s risky and opens shareholders to a tax challenge, so they are advising their clients to not do it. It shows Naspers shareholders face more than one tricky choice they should consider carefully.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

BUSINESS MAVERICK: Most South Africans can’t afford to retire, but there is a possible solutionChances are that when you reach retirement age you will have made too little provision to do so in comfort, or in some instances do so at all. It’s not just about a lack in savings culture – times are tough and every penny has been accounted for. But industry players say we can still turn this sinking ship around, and Retirement Benefits Counselling is where we should start.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

BUSINESS MAVERICK: Why investing in high-flying Kumba may not be a good ideaThe iron ore producer has delivered stellar results, is cash-flush and it gives most of it back to shareholders. Its stock price has also been one of the best performers on the JSE over the past six months. But, despite this, the stock is not on many analysts’ shopping lists. DURITZ79 Hebbana...dis People they are on a mission....
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

Business Maverick: Murray & Roberts: A game of cat and mouseThe Competition Commission has recommended to the Competition Tribunal that the proposed acquisition of Murray & Roberts by Aton be prohibited. While there is some way to go before there is finality, the recommendation is a sign that a new chapter could be opening in SA’s merger and acquisition space. One where big is certainly not better.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »

BUSINESS MAVERICK: Ousting of renewable energy head shrouded in mysteryKaren Breytenbach, who headed the Independent Power Producers Office, has been fired by the Department of Mineral Resources and Energy and the Development Bank of Southern Africa. She said no reason was given for her ousting. Breytenbach held a crucial position as she led South Africa’s move to diversify its energy mix. ...if it's at all possible to screw it up, the ANC is guaranteed to find the way... Why do we need renewables? Thyspunt has reared it's ugly head again.
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »