Brazil brewer Ambev's Q4 net profit falls 10.9% year-on-year

Ambev SA

29/02/2024 07:01

Feb 28 (Reuters) - Brazilian brewer Ambev SA  ABEV3.SA 
on Thursday reported a slightly lower-than-expected fourth
quarter net profit of 4.53 billion reais ($911.9 million), down
10.9% from a year earlier as sales volumes fell 0.1% from a year
earlier.
    Analysts expected net profit of 4.64 billion reais, based on
Refinitiv data.
    
($1 = 4.9675 reais)

 (Reporting by Natalia Siniawski; Editing by Toby Chopra)
 ((natalia.siniawski@thomsonreuters.com;))