CUERVO: Margin expansion and premiumization offset FX-driven net income drop in Q2

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

Q2 saw modest sales growth, margin expansion, and strong premiumization, but net income fell sharply due to FX losses. US and Canada led growth, while Mexico and EMEA faced headwinds. Inventory and cost optimization improved cash flow and leverage.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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