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    ABEV3   BRABEVACNOR1

AMBEV S.A.

(ABEV3)
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Brazil's Ambev decides not to use brands in Copa America

06/09/2021 | 01:21pm EDT

SAO PAULO, June 9 (Reuters) - Brazilian beverage company Ambev SA will not involve its brands in the Copa America soccer tournament, the company said in a statement on Wednesday.

The move comes after Mastercard Inc said it had decided to temporarily remove its branding from the Copa America amid criticism over a last-minute decision to host the soccer tournament in Brazil, where COVID-19 is killing thousands daily. (Reporting by Carolina Mandl Editing by Chris Reese)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AMBEV S.A. -2.35% 18.29 End-of-day quote.16.87%
COPA -1.88% 78.69 Delayed Quote.3.85%
COPA CORPORATION INC. 3.71% 2799 End-of-day quote.-52.24%
EURO / BRAZILIAN REAL (EUR/BRL) 0.05% 5.9229 Delayed Quote.-5.87%
MASTERCARD -0.77% 375.14 Delayed Quote.5.91%
All news about AMBEV S.A.
06/22AMBEV S A  : Banco Santander Downgrades Ambev to Hold from Buy
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06/11AMBEV S A  : NOTICE OF CAPITAL INCREASE APPROVED BY THE BOARD OF DIRECTORS (Form..
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06/11AMBEV S A  : Extract of the Minutes of the Meeting of the Board of Directors of ..
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06/10AMBEV S A  : (x) the only transactions with securities and derivatives were thos..
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06/10AMBEV S A  : CONSOLIDATED FORM (Form 6-K)
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06/09Mastercard, Ambev back away from Copa America as players vent COVID-19 concer..
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06/09Brazil's Ambev decides not to use brands in Copa America
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06/01AMBEV S A  : NOTICE ON RELATED PARTIES TRANSACTIONS (Form 6-K)
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05/28AMBEV S A  : Registration Form – 2021 – AMBEV S.A (Form 6-K)
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More news
Financials
Sales 2021 66 541 M 13 410 M 13 410 M
Net income 2021 10 861 M 2 189 M 2 189 M
Net cash 2021 16 514 M 3 328 M 3 328 M
P/E ratio 2021 26,6x
Yield 2021 2,66%
Capitalization 288 B 57 880 M 58 007 M
EV / Sales 2021 4,08x
EV / Sales 2022 3,84x
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
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Last Close Price 18,29 BRL
Average target price 16,85 BRL
Spread / Average Target -7,89%
EPS Revisions
Managers and Directors
NameTitle
Jereissati Jean Neto Chief Executive Officer
Fernando Mommensohn Tennenbaum Director
Lucas Machado Lira Chief Financial & Investor Relations Officer
Carlos Alves de Brito Co-Chairman
Victório Carlos de Marchi Co-Chairman
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1st jan.Capitalization (M$)
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