The Brazilian brewing giant, AmBev, has registered positive profit tendencies for the second quarter of the current year. The companys profit has increased almost three times if compared to the same period of the last year. The company said the success is due to the price rises and currency gains. It has registered a profit of about US$118 million, with 12% of prices rising. However, the companys volumes suffered a 2% dip because of slow demand growth in Brazil.
E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .