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In fact, Ambev's market share in Brazil leaves it by and far the dominant player with 67% of the beer market of this Latin American giant (Data source: Nielsen): ...
Brazil’s brewing giant Ambev posted a strong increase in its fourth-quarter adjusted net profit, even as the company ...
Ambev was formed in 1999 through the merger of two major Brazilian brewing companies, Brahma and Antarctica, and the company's headquarters are located in São Paulo, Brazil. Ambev operates in the ...
Companhia de Bebidas das Americas, or AmBev, on Wednesday said its net profit increased 14.1% in the first quarter, due to increased sales in all regions.
Companhia de Bebidas das Americas, or AmBev, reported an increase in its net profit in the second quarter, as the brewing company's sales were fueled by the World Cup in June.
Ambev (ABEV) stock closed down on Tuesday, as Brazil's real weakened on China's eleventh straight month of declining imports and political turmoil.
Brazil accounts for over 70% of AmBev's profits and it is likely to return to higher growth this year, Morningstar analysts said in a report dated Feb. 26. Flash Player 9 or higher is required to ...
Ambev is one of Brazil's biggest firms and has large operations in the Americas. It is a subsidiary of Anheuser-Busch InBev , opens new tab, the world's largest brewer by volume, which reported ...
SÃO PAULO-- Companhia de Bebidas das Americas, or AmBev, on Friday said its profit increased in its third quarter, as lower debt service costs helped offset tepid sales. The brewer of such beer ...
AmBev has a presence in every Latin American country except Colombia and Mexico, and it sells two-thirds of the beer in Brazil's massive 2.1 billion gallon market.
Ambev SA said on Thursday it expects the cost of goods sold per hectoliter at its beer business in Brazil to rise by 6% to 9.9% in 2023, citing inflation levels and higher commodities prices.