CUERVO: Premiumization and cost efficiencies drove margin gains despite lower volumes

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

Net sales rose 3.9% year-over-year despite a 7.2% volume decline, driven by premiumization and FX gains. Gross and EBITDA margins expanded significantly, with strong cash flow and reduced leverage. Outlook remains cautious amid macroeconomic and competitive pressures.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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