0255 GMT - Budweiser Brewing Co. APAC's Ebitda growth could lag behind its revenue gains as it aims to steady its China segment volume, UOB Kay Hian analysts say in a note. While the AB InBev unit's China business posted sequential rises in volume and average selling price in 1Q, the Hong Kong-based brewer may have to continue investing in in-home channels and commercially to stabilize volume there, the analysts say. This could weigh on any gains in its China market ASP, they add. Still, they raise their 2026-2027 earnings projections by 3%-5% to reflect a stronger premiumization trend. UOB KH raises its target price to HK$10.20 from HK$9.90 and maintains a buy rating. Shares fall 0.75% to HK$7.98. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
May 07, 2026 22:55 ET (02:55 GMT)
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