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ALSEA: Sales and EBITDA grew, but net income dropped sharply on higher financing and FX losses

ALSEA: Sales and EBITDA grew, but net income dropped sharply on higher financing and FX losses

Alsea, S.a.b. De C.v.July 24, 20243
ALSEA: Sales and EBITDA grew, but net income dropped sharply on higher financing and FX losses

About this update from Alsea, S.a.b. De C.v.

Net sales rose 2.3% year-over-year, with strong digital and loyalty growth, but net income fell 66.9% due to higher financing costs and FX losses. Mexico led segment growth, while Europe and South America faced currency and consumer headwinds.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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