EBITDA and Margin Growth
EBITDA grew 22% year-over-year with the margin expanding 362 basis points to 21.4% EBITDA, demonstrating strong profitability.
Successful International Expansion
Betterware Ecuador exceeded expectations with revenue growing around 20% month-over-month and Betterware Guatemala sales grew 32% year-over-year.
Debt Reduction
Total debt reduced from MXN 6,700 million to MXN 5,200 million with net debt-to-EBITDA ratio falling from 3.1x to 1.8x.
Strong Free Cash Flow
Free cash flow conversion remained strong at 77% of EBITDA, with a 32.6% year-over-year increase.
Jafra Mexico Growth
Jafra Mexico saw an 8% increase in revenue and a 31% growth in EBITDA, reaching a margin of 24%.