Ambev

Brazilian Brewer Ambev Profit Slides 11% On Higher Tax Provisions

Brazilian brewer Ambev reported an 11% drop in third-quarter net profit on Thursday, hurt by higher tax provisions in its home market, pushing its shares d...

Brazil Brewer Ambev Beats Q3 Profit Expectations On Local Market Momentum

Brazilian brewer Ambev has reported a third-quarter net profit beat thanks to positive momentum in its home market and reaffirmed an outlook of g...

JDE Peet’s Proposes Patricia Capel As Non-Executive Board Member

Coffee giant JDE Peet's has proposed the appointment of Patricia Capel as a non-executive member of its board of directors.

Ambev Partners With Lemon Energia For Renewable Energy Project

Ambev, a subsidiary of AB InBev, has entered into a partnership with Lemon Energia for a project that aims to supply renewable energy to small and medium-s...

Brazil's Ambev Profit Dives 56%, Company Braces For More COVID-19 Fallout

Brazilian beverages company Ambev SA has posted a 56% year-on-year plunge in first-quarter net profit, far below forecasts, and executives said the co...

Brazil's Ambev To Invest $430m In New Beer Plants

Ambev SA plans to invest R$2 billion ($432 million) opening new plants in Brazil, where it faces tougher competition as Heineken NV has expanded aggressive...

Ambev To Invest $145m In Wind Farm To Power Budweiser Breweries In Brazil

Ambev SA said on Friday it has signed a deal with a private equity group to build a wind farm that will supply renewable energy to all of its beverage plan...

AB InBev Names Brazil Marketing Head As New UK President

Brewer AB InBev has named Paula Lindenberg, the current vice president of marketing at its Brazilian arm, Ambev, as its new UK & Ireland president....