Ambev S a (ABEV)
Sector • Consumer Non Cyclical Industry • Nonalcoholic Beverages |
Industry • Nonalcoholic Beverages |
Sector • Consumer Non Cyclical |
Was 4.715%, improvement adequate at the Nonalcoholic Beverages company all along the fourth quarter of 2019 earnings season
Ambev S A announced fourth quarter of 2019 operating profit of $16074.9 million
Published Mar 26 2023
Goran Soko / CSIMarket.com Contributer
![wines_in_a_supermarket_By_francois_from_Strasbourg,_france_(Small_french_supermarket)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons wines_in_a_supermarket_By_francois_from_Strasbourg,_france_(Small_french_supermarket)__[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons](../news/img/drinks/Halffullorhalfempty.jpg)
In the prior reporting period the Nonalcoholic Beverages company realized Revenue of $0.00 million and bottom line of $0.00 per share.
Bottom-line of $12,188.400 million in the fourth quarter of 2019 earnings season increased by 7.13 % from net earnings of $11,377.400 million reported in the fourth quarter of 2019 earnings season a year ago. Although operating margin fell to 30.56%, in the fourth quarter of 2019 earnings season, the Nonalcoholic Beverages company's net margin actually improved to 23.17%.
Operating earnings, fell -5.38% to $16074.9 million, squeezing Ambev S A 's operating margin to 30.56%, from 33.82% in the fourth quarter of 2018. Observing deeper the operating reports for the fiscal 12 Months 2022, Ambev S A announced revenue of $15.14 billion and bottom-line of $2.83 billion.
Nonalcoholic Beverages company noticed as well, that Income per share increased by 14.17 % to $0.17 per share from $0.15 in the prior fiscal 12 Months , said also, that revenue advanced by 9.41 % from $13.84 billion a year ago.
Ambev S A is expected to report next financial earnings on March 16, 2024.