Ambev S a   (ABEV)

Significant Top-line advance by the Nonalcoholic Beverages company over the October to December 31 2022 time-frame

Ambev S A delivered fourth quarter of 2022 operating profit of $3360.682 million

Published Mar 18 2023
Goran Soko / CSIMarket.com Contributer

Petit_dejeuner_Bordeaux_By_LenaRosemberg_User_Lena_(Flickr_Bordeaux_9584)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_CommonsAmbev S A has achieved Bottom and Top-line advance for the October to December 31 2022 time-frame. revenue were at $15.14 billion increased by 9.409 % year on year and by 0 % quarter on quarter, while net profit per share grew by 14.17 % to $0.17, sequentially by 0 %.

Bottom-line of $2,829.328 million in the October to December 31 2022 time-frame increased by 13.48 % from net earnings of $2,493.294 million reported in the October to December 31 2022 time-frame a year ago. Although operating margin fell to 22.19%, in the October to December 31 2022 time-frame, the Nonalcoholic Beverages company's net margin actually improved to 18.68%.
Operating earnings, on the other hand, improved just 3.56% to $3360.682 million. Analysts also pointed out, that within the sales reports for the financial 12 Months 2022, Ambev S A disclosed revenue of $15.14 billion and earnings of $2.83 billion.

Nonalcoholic Beverages company mentioned as well, that Income per share increased by 14.17 % to $0.17 per share from $0.15 in the prior financial 12 Months , told further, that revenue advanced by 9.41 % from $13.84 billion a year before.

Ambev S A is expected to report next financial results on March 16, 2024.

Ambev S A's Executive Officers

Ambev S A's Free Cash Flow Margin


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