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MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  Ambev S.A.    ABEV3   BRABEVACNOR1

AMBEV S.A.

(ABEV3)
  Report
End-of-day quote. End-of-day quote Bolsa de Valores de Sao Paulo - 10/21
13.37 BRL   -0.07%
10/15AMBEV S A : Board Meeting – Ambev. S.A
PU
09/23Brazil beermaker Ambev opens new can factory buoyed by more at-home drinking
RE
09/17AMBEV S A : Notice to the Market - Atypical securities trading*
PU
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Brazil beermaker Ambev opens new can factory buoyed by more at-home drinking

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09/23/2020 | 07:59am EDT

SAO PAULO, Sept 23 (Reuters) - Brazil beermaker Ambev SA on Wednesday said it had opened a new factory with capacity to produce 1.5 billion cans a year due to higher demand from stay-at-home drinkers, as the pandemic has hampered demand at bars.

The company, a subsidiary of beer giant Anheuser-Busch InBev , said demand for canned beverages has grown exponentially during the pandemic, outpacing demand for small-sized glass bottles.

This is Ambev's first can factory and is located in the state of Minas Gerais. The plant had been announced last year but the company said it had accelerated its construction once the pandemic hit and beer consumption habits drastically changed.

Before the pandemic, Ambev said, Brazilians used to drink more large glass beer bottles, which are mostly purchased at bars and are meant to be shared.

Brazil has one of the world's worst coronavirus outbreaks. (Reporting by Marcelo Rochabrun Editing by Chizu Nomiyama)


Stocks mentioned in the article
ChangeLast1st jan.
AMBEV S.A. -0.07% 13.37 End-of-day quote.-28.39%
ANHEUSER-BUSCH INBEV 0.59% 47.165 Delayed Quote.-35.51%
EURO / BRAZILIAN REAL (EUR/BRL) -0.57% 6.6174 Delayed Quote.47.07%
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All news about AMBEV S.A.
10/15AMBEV S A : Board Meeting – Ambev. S.A
PU
09/23Brazil beermaker Ambev opens new can factory buoyed by more at-home drinking
RE
09/17AMBEV S A : Notice to the Market - Atypical securities trading*
PU
08/21AMBEV S A : Governance Report 2020
PU
08/07Brazilian billionaire Lemann leads initiative to build COVID-19 vaccine facto..
RE
07/30Ambev 2Q Profit Fell to BRL1.27 Billion as Social Distancing Closed Bars
DJ
07/30AMBEV : 2Q Earnings Snapshot
AQ
07/27AMBEV S.A. : half-yearly earnings release
07/06AMBEV S A : Reminder - 2Q20 Earnings Release and Conference Call
PU
05/07Travel Sites Take a Hit from the Pandemic -- Earnings at a Glance
DJ
More news
Financials
Sales 2020 54 124 M 9 651 M 9 651 M
Net income 2020 8 014 M 1 429 M 1 429 M
Net cash 2020 13 377 M 2 385 M 2 385 M
P/E ratio 2020 26,3x
Yield 2020 3,06%
Capitalization 210 B 37 446 M 37 509 M
EV / Sales 2020 3,64x
EV / Sales 2021 3,34x
Nbr of Employees 50 000
Free-Float 27,9%
Chart AMBEV S.A.
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Ambev S.A. Technical Analysis Chart | MarketScreener
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Technical analysis trends AMBEV S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Average target price 15,46 BRL
Last Close Price 13,37 BRL
Spread / Highest target 64,5%
Spread / Average Target 15,7%
Spread / Lowest Target -17,7%
EPS Revisions
Managers
NameTitle
Jereissati Jean Neto Chief Executive Officer
Carlos Alves de Brito Co-Chairman
Victório Carlos de Marchi Co-Chairman
Lucas Machado Lira Chief Financial & Investor Relations Officer
Eduardo Eiji Horai Chief Information Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
AMBEV S.A.-28.39%37 446
ANHEUSER-BUSCH INBEV-35.51%109 693
HEINEKEN N.V.-17.66%53 366
BUDWEISER BREWING COMPANY APAC LIMITED-5.89%42 220
CONSTELLATION BRANDS, INC.-5.33%34 798
HEINEKEN HOLDING N.V.-20.72%23 416