April 18, 2014Dear Client: UBS sees 2015 as "the year of the balance sheet" for ABI, per recent note. They called the brewer's 2014 roadmap "very compelling," with a return to group organic volume growth and cost savings from the Modelo deal to help "drive 10% organic group EBITDA growth." But next year they'll see tough comps in some markets (Brazil), leading the bank to ask a seemingly rhetorical question: "Will ABI ramp up shareholder returns (through a buyback of
You need a subscription to access this article.Login now or subscribe to get daily industry insights!
Log In
Forgot Password
Don’t have an account yet?
SUBSCRIBE