Ambev SA
ABEV3: BVMF (BRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.W | LOCK|%wv | LOCK|^&JpVQL |
Ambev Earnings: Revenue and Profitability Growth Seen Despite the Continued Soft Environment
Ambev’s third-quarter earnings included year-over-year organic net revenue growth of 1.2% and normalized EBITDA growth of 2.9%. Ambev announced a share buyback program of BRL 2.5 billion to be executed within the next 18 months. Shares rose nearly 5% at the market open on October 30.
