Source: Reuters

American Beverage Corporation: Brazil's Ambev reports 18 pct drop in 2nd quarter profit

RIO DE JANEIRO, July 29 (Reuters) - Ambev SA, a subsidiary of beverage giant Anheuser Busch Inbev SA, booked a weaker second-quarter profit on Friday and gave up on expanding Brazilian sales this year as demand stagnates in Latin America's largest economy.

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Est. Annual Revenue
$25-100M
Est. Employees
100-250
Kevin McGahren-Clemens's photo - President of American Beverage Corporation

President

Kevin McGahren-Clemens

CEO Approval Rating

70/100

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