Ambev Q4 2024 Earnings Report

Ambev reported a 4.2% revenue increase and solid financial performance for Q4 2024.

Key Takeaways

Ambev reported Q4 2024 revenue of R$27.04 billion, net income of R$5.02 billion, and normalized EBITDA of R$9.62 billion. Normalized EPS was R$0.31, reflecting a 7.8% increase compared to the same period in 2023. Strong revenue growth was driven by positive performances in Brazil NAB and Central America and the Caribbean.

Revenue increased by 4.2% to R$27.04 billion.

Net income for Q4 2024 was R$5.02 billion.

Normalized EBITDA grew by 9.7% to R$9.62 billion.

Normalized EPS was R$0.31, up 7.8% from Q4 2023.

Total Revenue

R$25.3B

Previous year: R$20.2B

+25.7%

EPS

R$0.29

Previous year: R$0.3

-3.3%

Total Volume

50.42M

Normalized EBITDA Margin

35.6%

Gross Profit

R$13.6B

Cash and Equivalents

R$26.8B

Free Cash Flow

R$13B

Total Assets

R$152B

Ambev Revenue

Ambev EPS

Ambev Revenue by Segment

Ambev Revenue by Geographic Location

Forward Guidance

Ambev expects continued growth driven by digital transformation, premiumization, and revenue management initiatives.

Positive Outlook

Revenue management initiatives to drive revenue growth.
Continued focus on premiumization across key markets.
Ongoing digital transformation initiatives.
Focus on operational efficiencies.
Expansion in key geographic regions.

Challenges Ahead

Potential cost pressures from inflation.
Continued challenges in Argentina due to inflation.
Volume declines in some markets.
Supply chain disruptions.
Uncertainty in global economic conditions.

Revenue & Expenses

Visualization of income flow from segment revenue to net income