Incannex Healthcare stock tumbles after filing $100M offering
On Monday, AB InBev SA (NYSE: BUD) was added to Goldman’s European Conviction List for June 2025. The decision reflects expectations of a return to robust sales growth fueled by improving volume, pricing strategies, and premiumization benefits. These factors are anticipated to bolster margins alongside efficiency enhancements. According to InvestingPro data, the stock has already shown strong momentum with a 22% gain year-to-date, trading near its 52-week high.
Goldman analysts highlighted the potential for improved cash generation at AB InBev, which could lead to incremental deleveraging. This financial strengthening is expected to be further supported by a weaker USD, enhancing the company’s financial outlook. InvestingPro analysis reveals impressive gross profit margins and confirms the company’s profitability over the last twelve months, with analysts maintaining a strong buy consensus.Want deeper insights? The comprehensive Pro Research Report for AB InBev, available on InvestingPro, provides detailed analysis of the company’s financial health and growth prospects.
The update to the Conviction List also saw the inclusion of Enel (BIT:ENEI), Prosus (OTC:PROSF), and Zalando. In contrast, companies such as BT, DNB, E.ON, and Rightmove (OTC:RTMVY) were removed from the list. The changes reflect a strategic shift in focus towards companies with promising growth trajectories and market positioning.
Goldman analysts expressed optimism about Enel’s growth prospects due to increased investments in European power and a significant re-leveraging opportunity by 2027. Meanwhile, Prosus is seen as a key player in AI and innovation, with potential for its net asset value discount to close.
Zalando’s position as a leading e-commerce player was also noted, with strong online growth expected to benefit its high-margin marketing services group. An impending deal with About You is projected to significantly boost earnings per share by 2028, with further potential from long-term synergies.
In other recent news, Anheuser-Busch InBev (EBR:ABI) reported a strong first-quarter 2025 financial performance with a 7.9% growth in EBITDA, reaching the higher end of its guidance range. The company’s revenue increased by 1.5%, driven by a 3.7% rise in revenue per hectoliter. Earnings per share rose by 7.1% in USD terms and 20.2% when adjusted for constant currency. Anheuser-Busch InBev reiterated its full-year EBITDA growth outlook of 4-8%, with expectations for improved volume performance in the upcoming quarters.
Additionally, Anheuser-Busch announced a $300 million investment in its U.S. manufacturing operations under the Brewing Futures initiative. This investment aims to enhance American manufacturing, focusing on job creation, workforce development, and career opportunities for veterans. The company has also launched a regional Technical Excellence Center in Columbus (WA:CLC), Ohio, as part of this initiative.
In terms of market strategy, the company is focusing on expanding its premium and super-premium segments, which have shown significant market share gains. Anheuser-Busch InBev also highlighted the growth of its non-alcoholic beer sales, which surged by 34%, with the Corona Fero brand leading the way. The company’s strategic focus remains on premiumization and expanding its balanced choices portfolio, with continued activation of global platforms such as the NBA, FIFA, and the Olympics.
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