The Brazilian-based brewer AmBev’s has confirmed that its beer sales volumes in Brazil declined by around 12% in the third quarter this year versus third quarter 2002.
But in a statement the company said: “Despite the shortfall in volumes, AmBev’s management remains confident that its revenue management initiatives, combined with its tight grip on costs and expenses and the strength of AmBev’s people, among other factors, will lead the company to achieve its internal profitability targets for 2003.”
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Nominations Closed
Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.
Discover the Impact