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ABEV - Ambev: Volume Growth And Real Appreciation Benefiting The Recovery Story
December, 09 2020 03:40 PM
Ambev S.A. American Depositary Shares
ABEV posted 15.1% growth in net revenues as volume rose 12.0% in Q3, pointing to signs of a recovery as Brazil's GDP jumped during the quarter. More volume growth ahead should allow revenues to grow and margins to recover, boosting profitability. However, Brazil's large debt refinancing could possibly have overall economic effects or impacts on the exchange rate, although it is not likely. For further details see:
Ambev: Volume Growth And Real Appreciation Benefiting The Recovery Story
Stock Information
Company Name:
Ambev S.A. American Depositary Shares
Stock Symbol:
ABEV
Market:
NYSE
Website:
ambev.com.br
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