Molson Coors Brewing (TAP) Tops Q4 EPS by 24c
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Molson Coors Reports 2019 Full Year and Fourth Quarter Results
February 12, 2020 7:00 AM ESTFull Year (FY) Worldwide Brand Volume Decreased 3.5%
FY Net Sales Revenue Decreased 1.8% Reported and 0.6% in Constant Currency
FY Net Income of $242 Million ($1.11 Per Share) Decreased 78.4%, and FY Underlying (Non-GAAP) EPS of $4.54 Decreased 9.9%
FY Underlying EBITDA of $2.4 Billion Decreased 2.6% in Constant Currency
FY Operating Cash Flow of $1.9 Billion, and Underlying (Non-GAAP) Free Cash Flow of Nearly $1.4 Billion
Over Delivers on Cost Savings and Remains Committed to Deleverage
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