Becle, S.A.B. de C.V.BMV: CUERVO

CUERVO: Gross and EBITDA margins expanded despite lower sales, with strong cash flow and reduced leverage

· Issued by Becle, S.A.B. de C.V.

On 6ix: 6ix.com/news/cuervo-gross-and-ebitda-margins-expanded-despite-lower-sales-with-strong-cash-flow-and-reduced-leverage

Watch Becle, S.A.B. de C.V's latest callBecle, S.A.B. de C.V. (BMV:CUERVO) Q3 2026 Earnings Call · Replay · Oct 29Read the transcript of Becle, S.A.B. de C.V. (BMV:CUERVO) Q3 2026 Earnings Call

FY24 net sales declined 0.9% and net income fell 16.3% due to FX losses, but gross and EBITDA margins expanded on lower input costs. Strong cash generation enabled deleveraging and a dividend, while management guides for modest growth in 2025.

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