Ambev SA (ABEV3.SA)
R$ 0.20 (+1.17%)
Tue, May 7 2019
SAO PAULO, May 7 Brazilian beverages firm Ambev SA has emerged from the country's economic recession in a stronger position to compete in the beer market and is increasingly betting on premium brands to drive volumes up, executives said on Tuesday.
SAO PAULO, May 7 Brazilian beverages firm Ambev SA reported a 6.2 percent rise in first-quarter net profit but missed market expectations as a double-digit increase in cost of goods sold overshadowed growth in revenue and volume.
(Corrects paragraph 7 to include Ambev's share move) April 2 Brazil's real led the decline among Latin American currencies on Tuesday, pressured by a strong dollar, while regional stocks fell as Wall Street paused after a three-day surge. The real lost 0.4 percent, while Mexico's peso sipped 0.2 percent. The greenback strengthened as upbeat economic data from the United States assuaged fears of a slowdown in global growth. Chile's peso, which had surged 1.7 percent last
SAO PAULO, Feb 28 Ambev SA, Latin America's largest beverages firm, will see its earnings before interest, taxes, depreciation and amortization in Brazil growing at a faster pace in 2019, its Chief Financial Officer told analysts on Thursday.
SAO PAULO, Feb 28 Ambev SA, the Latin American unit of Anheuser Busch InBev, reported a lower recurring net profit on Thursday, as higher costs offset higher revenue.
BRASILIA, Dec 12 Ambev SA, Latin America's largest brewer, has entered a partnership to build a solar plant in Minas Gerais that will supply power to all of its distribution centers in the Brazilian state, a company executive told Reuters on Wednesday.