E-Malt.com News article: 410

AmBev, the Brazilian drinks group, has reported a 59.7% increase in EBITDA for the third quarter of the current fiscal year to R$622.3 million. Consolidated net sales for the quarter rose by 11.7% to R$1.68 billion. AmBev reported that beer volumes in Brazil had risen by 2.5% while sales per hectolitre were up 12.2% to R$93.3. The company's share of the Brazilian beer market rose from 67.8% in June to 70.1% in September.

13 November, 2002