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Stock impact report

UPDATE 2-Brazil's Ambev projects 2018 margin growth after solid quarter [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
UPDATE 2-Brazil's Ambev projects 2018 margin growth after solid quarter | Reuters Reuters Staff 3 Min Read (Adds details from call with analysts, updates share price) By Gram Slattery SAO PAULO, March 1 (Reuters) - AmBev SA, the Latin American unit of beverage company Anheuser Busch InBev NV , expects solid margin growth in 2018 as disposable incomes rise and unemployment drops in Brazil, its chief executive said on Thursday. “We are very confident that we have a solid plan to expand EBITDA growth,” AmBev CEO Bernardo Pinto Paiva said in a call with analysts following the release of the company’s fourth-quarter results. “I think that the prospects for the country are better in 2018 than 2017, so the prospects for growth are solid,” he said. Brazil is AmBev’s largest market. In a securities filing, the Brazilian brewer said it posted net revenue adjusted for non-recurring items of 4.51 billion reais ($1.39 billion) in the fourth quarter, sending its shares up over 2 percent. While that Show less Read more
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