Quarterly ResultMay 29, 2026, 06:13 AM
Ambev Subsidiary Divests SLU for $186M; FY25 Net Income R$16B
AI Summary
Ambev S.A. reported its fiscal year 2025 financial results and significant corporate actions. Its subsidiary, Cervecería Nacional Dominicana S.A. (CND), divested its entire interest in SLU Beverages LTD. to Koscab Holdings Limited for an estimated US$186 million, leading to Ambev recognizing a loss of control over SLU. Concurrently, Ambev increased its stake in Tenedora S.A. from 85% to 97.11% by acquiring Tranche A shares for R$1,704 million cash and R$335 million debt compensation. For fiscal year 2025, Ambev's net revenue was R$88,242.5 million, with net income rising to R$15,988.4 million.
Key Highlights
- CND divested SLU Beverages LTD. to Koscab for an estimated US$186 million, leading to loss of control.
- Ambev increased its Tenedora S.A. interest from 85% to 97.11% for R$1,704M cash and R$335M debt compensation.
- Fiscal Year 2025 Net Revenue was R$88,242.5 million, a decrease from R$89,452.7 million in 2024.
- Fiscal Year 2025 Net Income was R$15,988.4 million, an increase from R$14,847.0 million in 2024.
- Normalized EBITDA for FY2025 was R$29,506.4 million, up from R$29,028.9 million in 2024.
- Achieved 100% sustainable agriculture and water management commitments for 2025.
- Reduced GHG emissions across Scopes 1, 2, and 3 by 25.8% in 2025.
- Zé Delivery expanded to over 800 cities, delivering 66 million orders with 27 million active users in 2025.
Price Impact
More from ABEV