Back    Zoom +    Zoom -
<Research>G Sachs Expects BUD APAC (01876.HK) 2Q EBITDA to Drop 12.6%, Cuts TP to $9
Recommend
3
Positive
7
Negative
5
BUD APAC (01876.HK) is about to announce its 2Q25 results, according to Goldman Sachs' research report. Goldman Sachs expected the Group's 2Q25 overall organic revenue to decline by 6.9%, and adjusted EBITDA to drop by 12.6%.

Net profit is expected to be US$216 million, compared to US$254 million in the same period last year. Looking ahead to 3Q25 and 2H25, earnings growth is estimated to gradually recover.

Related NewsM Stanley Cuts BUD APAC's TP to HKD9.5, Lowers 2025 Earnings Forecast by 9%
For the full year, the broker anticipated a 2.2% increase in organic EBITDA for the East APAC region, driven by higher average prices and sales growth. However, organic EBITDA in the West APAC region is projected to fall by 5.7% YoY, although consumer sentiment will gradually recover.

Therefore, the broker cut its target price from $9.2 to $9, with rating kept at Buy.
AASTOCKS Financial News
Website: www.aastocks.com