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Stock impact report

Brazil's Ambev quarterly profit falls 9.4% [Reuters]

Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV) 
Last ambev s.a. american depositary shares (each representing 1 common share) earnings: 2/28 04:00 pm Check Earnings Report
Company Research Source: Reuters
Brazil's Ambev quarterly profit falls 9.4% By Reuters Staff 1 Min Read SAO PAULO, Oct 29 (Reuters) - Brazilian brewer Ambev SA reported a 9.4% drop in third-quarter net profit on Thursday, as weak demand during the pandemic put pressure on prices and margins. The Latin American unit of Anheuser Busch InBev said net income fell to 2.36 billion reais ($419.63 million) in the third quarter ended Sept. 30, from 2.6 billion reais a year earlier. ($1 = 5.6240 reais) (Reporting by Christian Plumb in Sao Paulo and Bhargav Acharya in Bengaluru; Editing by Sriraj Kalluvila) Show less Read more
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