Business

ALSEA: Sales and EBITDA rose, but net income dropped sharply on higher financing costs and FX impacts

ALSEA: Sales and EBITDA rose, but net income dropped sharply on higher financing costs and FX impacts

Alsea, S.a.b. De C.v.October 23, 20245
ALSEA: Sales and EBITDA rose, but net income dropped sharply on higher financing costs and FX impacts

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

Net sales grew 9.3% year-over-year, driven by digital and loyalty channels, but net income fell 65.6% due to higher financing costs and currency impacts. Strong QSR and Full-Service Restaurant performance offset challenges in Europe and South America.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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