Ambev’s Sobering Reality: Navigating Brazil’s Competitive Beer Market

Ambev, Brazil’s beer giant, faces a challenging landscape as it navigates through turbulent market conditions. The company’s third-quarter results for 2024 reveal a mixed financial picture. Ambev’s adjusted net profit dipped to R$3.57 billion ($637.5 million), marking an 11.4% decrease from the previous year. The beer market in Brazil has become a fierce battleground. Grupo […]

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