Friday, October 30, 2015

Ambev's profit climbs 4.9% with premium mix and greater direct distribution

The company had significant growth of 24.6% to 10.74 billion R$. According to Ambev, the result was driven by "revenue management initiatives, a benefit of ' premium ' mix in all operations and by the greater weight of direct distribution in Brazil".
The earnings before interest, taxes, depreciation and amortization (Ebitda) adjusted closed the third quarter on R$ 4.99 billion, up 21.9%. The measure excludes the net income the following effects: non-controlling share, income tax expenses, participation in the results of affiliated companies, net financial income, non-recurring items and expenses with depreciation and amortization.
The company's net financial expense advanced 43.2%, to 316.6 million R$, and expenses with income tax and social contribution on net income soared 118.7%, to 834.7 million R$.
Operating cash generation grew 48.9% in the quarter, to 6.17 billion R$.
Investment in the YTD were R$ 3.2 billion, of which 2.2 billion R$ in Brazil. According to the company, investments in the country were stable compared to the same period last year.
The company kept the growth projections of net revenues in Brazil between a medium and a high digit digit in the year and investment in the country similar to or lower than the 2014 levels.
Valor Economico
Related products
News Item translated automatically
Click HERE to see original
Other news
DATAMARK LTDA. © Copyright 1998-2019 ®All rights reserved.Av. Brig. Faria Lima,1993 third floor 01452-001 São Paulo/SP