Business
CUERVO: Gross margin hit 56.1% and EBITDA surged 63.3% as premiumization and efficiencies drove growth
CUERVO: Gross margin hit 56.1% and EBITDA surged 63.3% as premiumization and efficiencies drove growth
About this update from Becle, S.a.b. De C.v.
Volumes grew 3.7% year-over-year, led by spirits and tequila, while gross margin expanded to 56.1% and EBITDA rose 63.3%. U.S. sales declined amid pricing pressures, but Mexico and international markets delivered strong growth. Asset divestitures and cost efficiencies boosted profitability.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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