Ambev SA

ABEV3: BVMF (BRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Ambev Earnings: Bottom-Line Uplift Overshadowed by Volume Decline in Brazil

Verushka Shetty

Jul 31, 2025

Ambev reported year-over-year 3.4% organic net revenue growth and 7.6% normalized EBITDA growth in the second quarter. Shares were down 5% at the market open on July 31.

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Ambev SA

Ambev Earnings: Bottom-Line Uplift Overshadowed by Volume Decline in Brazil

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