May 29, 2013
Brazilian brewer AmBev will not shy from long-term investments, its chief financial officer Nelson José Jamel has said, despite a challenging marketplace and weak first quarter earnings.
Jamel told LatinFinance in an interview that the company is considering further acquisitions and organic growth. He added that Ebitda remained strong in recent years despite difficulties in the industry.
“We doubt [the value of] cutting investments for the longer term,” he said. “We still have a view that in
Brazil’s AmBev is considering further acquisitions and growth, saying difficult markets are no reason to cut investments