as 05-20-2024 12:30pm EST
Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2023.
Founded: | 1885 | Country: | Brazil |
Employees: | N/A | City: | N/A |
Market Cap: | 38.1B | IPO Year: | N/A |
Target Price: | $3.03 | AVG Volume (30 days): | 13.7M |
Analyst Decision: | Hold | Number of Analysts: | 3 |
Dividend Yield: | 6.24% | Dividend Payout Frequency: | Annual |
EPS: | 0.18 | EPS Growth: | 0.44 |
52 Week Low/High: | $2.23 - $3.23 | Next Earning Date: | 05-08-2024 |
Revenue: | $16,373,080,082 | Revenue Growth: | 0.04% |
Revenue Growth (this year): | 7.97% | Revenue Growth (next year): | 5.07% |
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