Ambev SA Reports Strong Q3 2024 Results
Company Announcements

Ambev SA Reports Strong Q3 2024 Results

Ambev SA (ABEV) has released an update.

Ambev SA has reported a strong third quarter performance for 2024, with normalized EBITDA growing by 8.5% and net revenue increasing by 4.9%, despite a slight decline in total volumes. The company continues to see growth in its premium beer brands and non-alcoholic beverages in Brazil, while challenges remain in markets like Argentina and Canada. Ambev also announced a significant share buyback program, reflecting confidence in its financial health and future prospects.

For further insights into ABEV stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskAmbev S.A. Reports Strategic October Stock Sales
TipRanks Auto-Generated NewsdeskAmbev SA Reports Strategic Securities Transactions for October
TipRanks Auto-Generated NewsdeskAmbev S.A. Reports Strong Financial Growth for 2024
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App