July 25, 2019 / 8:09 AM / a month ago

Brazilian brewer Ambev Q2 profit up 8.5%, beats forecasts

SAO PAULO, July 25 (Reuters) - Brazilian beverages firm Ambev SA reported a better-than-expected 8.5% rise in second-quarter net profit on Thursday, helped mostly by lower financial expenses.

The Latin American unit of Anheuser Busch InBev said total net income reached 2.616 billion reais ($693.42 million), ahead of a consensus estimate of 2.286 billion reais ($606.58 million) compiled by Refinitiv.

In adjusted terms, net profit grew 16% to 2.712 billion reais.

$1 = 3.7726 reais Reporting by Gabriela Mello, editing by Deepa Babington

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below