Ricardo Alves's questions to Ambev SA (ABEV) leadership • Q2 2024
Question
Ricardo Alves asked for details on the competitive environment and market share in Brazil beer. He noted that while peers seemed aggressive on pricing, Ambev appeared to gain ground, and questioned if this was related to intense discount activity in the value segment.
Answer
Executive Jean Neto stated that while final industry data for Q2 was not yet available, Ambev is excited about its performance. He acknowledged that competitor Petropolis is active, but noted that this competition is primarily in the value segment, where Ambev is under-indexed. He characterized the overall competitive environment as intense but without any new surprises.