Anheuser-Busch InBev SA (BUD) Q2 FY25 earnings call

Anheuser-Busch InBev delivered solid Q2 FY25 results, with strong EBITDA growth and margin expansion, primarily fueled by premiumization and disciplined revenue management. Despite global volume declines, particularly in China and Brazil, the company's diversified geographic footprint and strategic brand investments drove top and bottom-line growth in most markets. Management remains confident in its full-year outlook, leveraging its megabrands and digital ecosystem.