Lower costs, FX boost Brazil’s Ambev net profit in Q3 as sales dip
By Natalia Siniawski (Reuters) – Brazilian brewer Ambev SA on Tuesday reported a 19.3% jump in net profit on an organic basis, lifting its shares …
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Brazil’s Ambev sees higher costs in 2023 as Q4 net profit rises 36%
SAO PAULO (Reuters) – Ambev SA said on Thursday it expects the cost of goods sold per hectoliter at its beer business in Brazil to …
Brazilian brewer Ambev posts Q1 earnings beat as volumes grow
SAO PAULO – Brazilian brewer Ambev SA’s first-quarter net income rose 29.1% from a year earlier as volumes increased, driven by its domestic and South …
Ambev to focus more on the long term, less at market gain, says CEO
SAO PAULO – Brazilian brewer Ambev SA is more concerned with improving return on invested capital than with its market share, said its Chief Executive …