Ambev SA (ABEV) has released an update.
Ambev SA reports a strong start to 2024 with double-digit growth in normalized EBITDA, despite a slight decline in normalized profit due to various external factors. The company saw revenue growth driven by performance in Brazil and the CAC region, with notable improvements in cash flow from operating activities. Additionally, Ambev’s water brand Ama has achieved its sustainability target two years ahead of schedule.
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