Ambev Reports Q3 Growth in Revenue and EBITDA, Announces R$2.9B Share Buyback
Ambev (ABEV) reported its third-quarter financial results, highlighted by a 3.5% year-over-year increase in revenue to R$21.59 billion. The company saw consolidated volume growth of 0.8%, while normalized EBITDA rose by 8.9%. This profitability boost was reflected in an expanded normalized EBITDA margin, which increased by 40 basis points to reach 33.7%. In addition to the operational performance, Ambev's management approved a new R$2.9 billion share buyback program. The results indicate broad-based strength across all business units, contributing to improved margins and steady volume growth despite varying market conditions.
Tickers: $ABEV
Topics: earnings EBITDA revenue growth volume growth
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