Anheuser-Busch Cos. Reports Increased Sales and Earnings for the Fourth Quarter and Full Year 2007
January 31, 2008
ST. LOUIS, Jan. 31, 2008 – Anheuser-Busch Cos. Inc. today reported that fourth quarter 2007 net sales increased 7.9 percent and diluted earnings per share increased 16 percent. For the full year 2007, net sales increased 6.2 percent and diluted earnings per share (excluding normalization items in both years) improved 10.3 percent.
“Anheuser-Busch achieved significant results in 2007,” said August A. Busch IV, president and chief executive officer of the company. “We achieved strong earnings growth and broadened our beer portfolio to enhance our participation in the high-end segment. Our revenue per barrel performance was solid and we managed cost pressures effectively. International beer profits for the year for both our operations and those of our equity partners increased significantly and our packaging and entertainment segments contributed strong earnings growth. We also achieved significant increases in operating cash flow, return on capital and cash returned to shareholders.”
Click here to view the complete Fouth Quarter, Full Year 2007 Release.
January 31, 2008
ST. LOUIS, Jan. 31, 2008 – Anheuser-Busch Cos. Inc. today reported that fourth quarter 2007 net sales increased 7.9 percent and diluted earnings per share increased 16 percent. For the full year 2007, net sales increased 6.2 percent and diluted earnings per share (excluding normalization items in both years) improved 10.3 percent.
“Anheuser-Busch achieved significant results in 2007,” said August A. Busch IV, president and chief executive officer of the company. “We achieved strong earnings growth and broadened our beer portfolio to enhance our participation in the high-end segment. Our revenue per barrel performance was solid and we managed cost pressures effectively. International beer profits for the year for both our operations and those of our equity partners increased significantly and our packaging and entertainment segments contributed strong earnings growth. We also achieved significant increases in operating cash flow, return on capital and cash returned to shareholders.”
Click here to view the complete Fouth Quarter, Full Year 2007 Release.