Lucas Ferreira's questions to Ambev SA (ABEV) leadership • Q2 2024
Question
Lucas Ferreira requested a breakdown of Brazil's performance by channel, such as on-premise versus off-premise, and how this performance relates to the competitive environment and pricing strategies, particularly at the bottom of the pyramid.
Answer
Executive Jean Neto highlighted that a key growth driver is the third-party distributor and wholesaler channel, which is an asset-light model performing very well. He also noted that the off-trade channel is performing slightly better than the on-trade channel this year. In terms of product segments, he reiterated that the core-plus segment, led by Budweiser, was the fastest-growing for the company in the quarter.