Brazil · Equities
Key Facts
—Largest single-day move since 1999 The 15.3% intraday jump, pushing the stock to a closing price of R$16.65, was the biggest swing for Ambev shares in over 27 years, signaling rare upside momentum for the brewing giant.
—Brazil beer volumes hit a Q1 record Stronger-than-expected Brazil beer volume growth of 1.2% drove the earnings beat, reaching a historic high for a first quarter and boosting investor confidence in consumer demand.
—Net revenue rose 8.1% organically Ambev’s net revenue reached R$22.46 billion (about US$4.4 billion), showing the company’s ability to grow sales without relying solely on acquisitions.
