Molson Coors Canada Class B (TSE:TPX.B) has released an update.
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Molson Coors Beverage Company kicked off 2024 with robust growth, reporting a 10.7% increase in first-quarter net sales and a significant rise in income before taxes, up by 160.5% as reported and 68.8% on a constant currency basis. The company credits the strong performance to elevated demand and strategic execution, underpinning confidence in maintaining top-line and bottom-line growth for the full year despite industry softness. Molson Coors reaffirms its 2024 financial guidance, reflecting sustained momentum in core brand performance and successful market strategies.
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