Ambev SA

ABEV3: BVMF (BRA)
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Ambev Earnings: Decent Operating Results Set a Positive Tone for the Year

Ambev reported its first-quarter results with organic revenue up nearly 7% year over year and normalized EBITDA margin up 180 basis points. The board of directors approved the distribution of intermediary dividends equivalent to BRL 2 billion. Shares were up around 3% at market open on May 8.

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