Ambev(US:ABEV)2025-02-26 18:52Financial Performance - Ambev's consolidated normalized EBITDA increased by 37.3%, reaching BRL 29 billion in 2024 compared to 2019[8] - Ambev's consolidated normalized EBITDA increased by 11.4% in FY24[10, 22] - Cash flow from operating activities increased by 5.6%, reaching BRL 26.1 billion in 2024[30] - Normalized profit decreased by 2.3% to BRL 14.9 billion in 2024[24] Business Unit Performance (FY24 vs LY) - Brazil Beer: Volume increased by 0.6%, net revenue increased by 3.2%, and EBITDA increased by 9.8%[10] - Brazil NAB: Volume increased by 4.1%, net revenue increased by 13.7%, and EBITDA increased by 25.7%[10] - LAS (Latin America South): Volume decreased by 10.0%, net revenue increased by 6.0%, and EBITDA increased by 9.3%[10] - CAC (Central America & Caribbean): Volume increased by 1.9%, net revenue increased by 7.0%, and EBITDA increased by 16.5%[10] - Canada: Volume decreased by 3.1%, net revenue decreased by 1.2%, and EBITDA increased by 4.4%[10] Capital Allocation - A total of BRL 12.5 billion is to be returned to shareholders, including BRL 3.8 billion in IOC, BRL 6.7 billion in dividends, and BRL 2 billion in share buybacks[39]