Ambev

Ambev SA engages in the production, distribution, and sale of beverages. Its products include beer, carbonated soft drinks, and other non-alcoholic and non-carbonated products. It operates through the following geographical segments: Brazil, and Central America and The Caribbean (CAC), and Canada. The Brazil segment focuses on the beer sales division and the NAB sales division. The CAC segment includes its direct operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, Barbados, and Panama. The Canada segment covers includes domestic sales in Canada and some exports to the United States market. The Canada segment represents the Labatt’s operations. The company was founded in 1853 and is headquartered in São Paulo, Brazil.

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Ambev S.A. (ABEV) CEO Jean Jereissati on Q3 2021 Results - Earnings Call Transcript

Ambev's 3Q saw the beer giant post outstanding gains in net income on strong double-digit growth in revenue compared to both 2019 and 2020. Most geographies exhibited strength in recoveries even against a tougher comp of 3Q 2020.

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Ambev is facing challenges in its core Brazilian market. Despite this, its cash flow strengths and net cash balance sheet leave it well placed to deal with these challenges.

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Ambev S.A. (ABEV) CEO Jean Jereissati on Q2 2021 Results - Earnings Call Transcript

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News for Ambev Stock (ABEV)