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The brewer of Budweiser, Corona and Stella Artois has already withdrawn its guidance for 2020 due to the COVID-19 pandemic and proposed to halve its final 2019 dividend.
First quarter core profit (earnings before interest, tax, depreciation and amortisation or EBITDA) came in at $3.95 billion, down 13.7% from a year earlier. That compared with a company-compiled consensus of a 14.7% drop.
