An average of six analysts’ forecasts puts AmBev’s second quarter net profit at R$190.7m ($61.5m) though estimates ranged from R$151.6m to R$212.5m. The forecasts are all well ahead of the R$127.5m which the company recorded in the second quarter of 2001.
BRAZIL: Strong Q2 profit growth predicted for AmBev
Analysts are predicting strong profit growth for the Brazilian-based Latin American brewing force, AmBev, for the second quarter in spite of sluggish volume growth.