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

CUERVO: Net income more than doubled in 2025 despite lower sales, driven by margin expansion and cost control

· Issued by Becle, S.A.B. de C.V.

Volume and net sales declined in 2025 amid industry headwinds, but gross and EBITDA margins expanded sharply. Net income more than doubled year-over-year, supported by cost efficiencies, lower input costs, and gains from asset sales and settlements.

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