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UPDATE 2-Brazil's Ambev sees volumes rise, with slower margin recovery

Jul 30, 2020 - Reuters Africa

(Adds executives and analysts’ comments, shares)

By Gabriela Mello

SAO PAULO, July 30 (Reuters) - Brazilian brewer Ambev SA’s sales have rebounded from an April low, executives said on Thursday, forecasting further gains after the coronavirus crisis halved its quarterly income.

The pandemic began to hurt operations in March as government quarantines limited distribution of alcoholic beverages, including its Budweiser, Corona and Stella Artois brands.

“We quickly...