Company Ambev S.A. Nyse

Equities

ABEV

US02319V1035

Brewers

Market Closed - Nyse 04:00:01 2024-04-22 pm EDT 5-day change 1st Jan Change
2.3 USD +0.44% Intraday chart for Ambev S.A. -0.86% -17.86%

Business Summary

Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces, distributes and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company's activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Honduras, Nicaragua, Barbados and Panama; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile; and Canada, represented by Labatt’s operations, which comprises sales in Canada and some exports to the U.S. market. The Company markets products under various brand names, such as Adriatica, Brahma, Leffe, Budweiser, Corona, PepsiCo and Lipton. It is a subsidiary of Interbrew International BV.

Number of employees: 43,000

Sales per Business

BRL in Million2022Weight2023Weight Delta
Brazil - Beer
48.9 %
- - 38,986 48.9 % -
Latin America - South
17.3 %
- - 13,797 17.3 % -
Central America and the Caribbean
12.6 %
- - 10,045 12.6 % -
Canada
12.0 %
- - 9,533 12.0 % -
Brazil - Non-alcoholic and Non-carbonated Soft Drinks
9.3 %
- - 7,376 9.3 % -

Sales per region

BRL in Million2022Weight2023Weight Delta
Brazil
58.1 %
42,636 53.5 % 46,362 58.1 % +8.74%
Latin America - South
17.3 %
17,371 21.8 % 13,797 17.3 % -20.57%
Central America and the Caribbean
12.6 %
9,440 11.8 % 10,045 12.6 % +6.40%
Canada
12.0 %
10,262 12.9 % 9,533 12.0 % -7.10%

Managers

Managers TitleAgeSince
Chief Executive Officer 49 97-12-31
Director of Finance/CFO 47 04-12-31
Chief Tech/Sci/R&D Officer 38 19-12-31
Compliance Officer 47 01-12-31
Director/Board Member 47 -
Sales & Marketing 41 05-12-31
Corporate Officer/Principal 42 12-12-31
Sales & Marketing 39 07-12-31
Corporate Officer/Principal 47 01-12-31
Human Resources Officer 52 95-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 21-02-28
Director/Board Member 72 17-12-31
Director/Board Member 52 16-12-31
Director/Board Member 59 13-12-31
Director/Board Member 54 04-12-31
Director/Board Member 85 98-12-31
Chairman 51 14-12-31
Director/Board Member 47 21-02-28
Director/Board Member 48 21-02-28
Director/Board Member 48 22-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 15,753,833,000 4,410,095,344 ( 27.99 %) 4,384,000 ( 0.0278 %) 27.99 %

Shareholders

NameEquities%Valuation
9,729,336,918 61.76 % 24 277 M $
Fundação Antonio e Helena Zerrenner Instituição Nacional
10.22 %
1,609,987,301 10.22 % 4 017 M $
Barings (UK) Ltd.
0.3048 %
48,015,600 0.3048 % 120 M $
Itaú Unibanco SA
0.1777 %
27,991,988 0.1777 % 70 M $
BlackRock International Ltd.
0.1523 %
23,990,719 0.1523 % 60 M $
AZ Quest Investimentos Ltda.
0.1397 %
22,014,000 0.1397 % 55 M $
Morgan Stanley Administradora de Carteiras SA
0.0948 %
14,936,175 0.0948 % 37 M $
Caixa Econômica Federal
0.0845 %
13,316,257 0.0845 % 33 M $
Bram Bradesco Asset Management S/A DTVM
0.0837 %
13,192,089 0.0837 % 33 M $
Sjunde AP-fonden
0.0698 %
10,991,673 0.0698 % 27 M $
NameEquities%Valuation
First Eagle Investment Management LLC
1.987 %
312,980,037 1.987 % 776 M $
Harding Loevner LP
0.6956 %
109,577,457 0.6956 % 272 M $
Westwood Global Investments LLC
0.6742 %
106,217,326 0.6742 % 263 M $
Sprucegrove Investment Management Ltd.
0.4577 %
72,098,572 0.4577 % 179 M $
J.O. Hambro Capital Management Ltd.
0.4126 %
65,003,922 0.4126 % 161 M $
Goldman Sachs Asset Management LP
0.3904 %
61,504,789 0.3904 % 153 M $
Ruffer LLP
0.3270 %
51,517,699 0.3270 % 128 M $
BlackRock Advisors LLC
0.2594 %
40,858,464 0.2594 % 101 M $
Ninety One UK Ltd.
0.2587 %
40,758,675 0.2587 % 101 M $
Massachusetts Financial Services Co.
0.2251 %
35,461,582 0.2251 % 88 M $

Holdings

NameEquities%Valuation
4,384,418 0.03% 10,940,131 $

Company contact information

Ambev SA

Rua Dr. Renato Paes de Barros, 1017 3rd floor

04530-001, São Paulo

+55 11 2122 1414

http://www.ambev.com.br
address Ambev S.A.(ABEV)

Group companies

NameCategory and Sector
Investment Managers
Beverages: Alcoholic
AmBev Luxembourg SARL

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
11.95 BRL
Average target price
15.68 BRL
Spread / Average Target
+31.23%
Consensus