Ambev SA
ABEV3: BVMF (BRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.M> | LOCK|&&p | LOCK|y$^wyxR |
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.
