Becle Sab De Cv ( (BCCLF) ) has released its Q2 earnings. Here is a breakdown of the information Becle Sab De Cv presented to its investors.
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Becle, S.A.B. de C.V., also known as Cuervo, is a leading company in the spirits industry, renowned for being the world’s largest producer of tequila. The company boasts a diverse portfolio of over 30 spirits brands, including iconic names like Jose Cuervo, and operates in more than 85 countries, catering to key alcoholic beverage markets globally.
In its latest earnings report for the second quarter of 2025, Becle announced a notable increase in net income, which surged by 300.2% year-over-year to P$2,006 million. This impressive growth was driven by an increase in operating income and favorable net financial results, despite challenges in certain market segments.
Key financial highlights include a 2.8% increase in net sales to P$11,462 million, supported by positive currency translation effects. The company’s EBITDA margin also improved significantly, rising by 270 basis points to 23.4%. Despite a 4.2% decline in total volume, driven by challenges in the U.S. and Canada, Becle managed to achieve a 4.3% increase in gross profit through lower input costs and operational efficiencies.
Becle’s management remains optimistic about the future, focusing on disciplined execution, brand development, and long-term value creation. The company is committed to aligning its portfolio with evolving consumer preferences, particularly in the tequila segment, which continues to be a key growth driver across various regions.