{"id":5683,"date":"2012-03-09T21:33:16","date_gmt":"2012-03-10T01:33:16","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=5683"},"modified":"2012-03-09T21:33:16","modified_gmt":"2012-03-10T01:33:16","slug":"ambev-reports-q4-2011-full-year-2011-results","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/ambev-reports-q4-2011-full-year-2011-results\/","title":{"rendered":"AMBEV Reports Q4-2011 &#038; Full Year 2011 Results"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-5684\" title=\"Ambev Products\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/Ambev-Products-300x129.jpg\" alt=\"\" width=\"300\" height=\"129\" \/><a href=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/ambev_logo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-5685 alignright\" title=\"ambev_logo\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/ambev_logo-300x191.jpg\" alt=\"\" width=\"210\" height=\"134\" \/><\/a><\/p>\n<p>Dear<strong> PGM Capital<\/strong> Blog readers, today March 9th 2012, <strong>Companhia de Bebidas das Am\u00e9ricas<\/strong>\u00a0(AmBev)\u00a0(NYSE: ABV) reported its Q4-2011 and full year 2011 financial results<\/p>\n<p><strong>Highlights:<\/strong><\/p>\n<ul>\n<li>In the fourth quarter, \u00a0Net sales \u00a0increased <span style=\"color: #339966;\"><strong>11.6%<\/strong><\/span>, while for the whole fiscal year 2011, net sales increassed with <strong><span style=\"color: #339966;\">9.9%<\/span><\/strong><\/li>\n<li>Normalized EBITDA reached R$ 4,506.1 million in Q4\u00a02011, an organic growth of <span style=\"color: #339966;\"><strong>21.4%<\/strong><\/span>, with a margin of\u00a0\u00a0<span style=\"color: #339966;\"><strong>53.8%<\/strong><\/span><\/li>\n<li>Full year 2011, Normalized EBITDA was R$ 13,141.1 million an increas of<span style=\"color: #339966;\"><strong> 14.8%<\/strong><\/span> \u00a0YOY, with a margin expansion of<span style=\"color: #339966;\"><strong>\u00a048.4%<\/strong><\/span><\/li>\n<li>Cash generated from operations in Q4-2011 was R$ 5,791.9 million an increase of\u00a0<span style=\"color: #339966;\"><strong>44.3%<\/strong><\/span> as compared to Q4-2010, and R$ 13,785.8 million for the year 2011 an increase of<span style=\"color: #339966;\"><strong> 19.3%<\/strong><\/span> vs FY 2010.<\/li>\n<li>Full year 2011 Normalized Profit reached R$ 8,617.9 million, with normalized EPS growing <strong><span style=\"color: #339966;\">11.2%.<\/span><\/strong><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\"><a title=\"AMBEV REPORTS 2011 FOURTH QUARTER AND FULL YEAR  RESULTS UNDER IFRS\" href=\"http:\/\/www.mzweb.com.br\/Ambev2009\/web\/arquivos\/Ambev_ER_4Q11_20120308_en.pdf\" target=\"_blank\">Source:<\/a><\/span><\/p>\n<p>Based on Company&#8217;s fundamental and \u00a0this earnings report the stock closed today at an all time high of\u00a0<strong>USD 41.01\u00a0<span style=\"color: #00ff00;\">+0.29 (0.71%)<\/span><\/strong><\/p>\n<p>By mid March 2010, we have placed AmBev on our watch list, and currently have a\u00a0<span style=\"color: #339966;\"><strong>STRONG BUY Rating<\/strong><\/span>\u00a0on the stock.<\/p>\n<div>\n<p>Please receive here below an all tine chart of the company.<\/p>\n<p><a href=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/AMBEV-all-time-chart-March-9-2012.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-5693\" title=\"AMBEV all time chart March 9 2012\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/AMBEV-all-time-chart-March-9-2012.png\" alt=\"\" width=\"546\" height=\"241\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Last be but not least, before following any investing advice, always take your investment horizon and risk tolerance into consideration and keep in mind that the price of Green Commodities, as well as the stocks of their producers and processors can be very\u00a0volatile and that sharp corrections might happen in the short term.<\/p>\n<p>Yours sincerely<\/p>\n<p>Eric Panneflek<br \/>\nChairman<\/p>\n<\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dear PGM Capital Blog readers, today March 9th 2012, Companhia de Bebidas das Am\u00e9ricas\u00a0(AmBev)\u00a0(NYSE: ABV) reported its Q4-2011 and full year 2011 financial results Highlights: In the fourth quarter, \u00a0Net sales \u00a0increased 11.6%, while for the whole fiscal year 2011, net sales increassed with 9.9% Normalized EBITDA reached R$ 4,506.1 million in Q4\u00a02011, an organic<a href=\"https:\/\/www.pgmcapital.com\/nl\/ambev-reports-q4-2011-full-year-2011-results\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,23,9,10,19,26,15,1,18],"tags":[],"class_list":["post-5683","post","type-post","status-publish","format-standard","hentry","category-commodities","category-earnings-report","category-emerging-markets","category-eric-panneflek","category-financial-news","category-logistic","category-pgm-capital","category-uncategorized","category-world-economic-outlook"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=5683"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5683\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=5683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=5683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=5683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}