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
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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
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ABEV
News
- AMBEV'S 2023 ANNUAL REPORT ON FORM 20-F AVAILABLE ON OUR WEBSITEPR Newswire
- Ambev S.A. (NYSE: ABEV) was downgraded by analysts at Barclays PLC to an "equal weight" rating. They now have a $3.00 price target on the stock, down previously from $3.50.MarketBeat
- Ambev S.A. (NYSE:ABEV) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Ambev S.A. (NYSE: ABEV) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.MarketBeat
- Ambev S.A. (NYSE: ABEV) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
ABEV
Earnings
- 3/1/24 - Beat
ABEV
Sec Filings
- 3/11/24 - Form 6-K
- 3/11/24 - Form 20-F
- 3/8/24 - Form 6-K
- ABEV's page on the SEC website