Ambev SA ( (ABEV) ) just unveiled an announcement.
Ambev S.A. announced on February 26, 2025, that it anticipates an increase in Cash COGS per hectoliter for its Brazilian beer business by 5.5%-8.5% for the full year of 2025. This projection is attributed to the depreciation of the BRL currency and rising commodities prices, particularly aluminum. The company notes that these projections are preliminary and subject to change based on economic conditions outside its control, emphasizing the inherent risks and uncertainties.
More about Ambev SA
Ambev S.A. is a leading company in the beverage industry, primarily engaged in the production and distribution of beer. The company operates extensively in Brazil and focuses on leveraging its market position to navigate economic fluctuations.
YTD Price Performance: 3.83%
Average Trading Volume: 38,208,817
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.07B
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