Becle, S.A.B. De C.V. Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 07:15 am EST
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Becle, S.A.B. De C.V. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was MXN 35,036 million compared to MXN 29,705 million a year ago. Operating income was MXN 6,893 million compared to MXN 5,410 million a year ago. Net income was MXN 5,146 million compared to MXN 3,712 million a year ago.
Becle SAB de CV is a Mexico-based company engaged in the beverages industry. The Company focuses on the production, bottling, trade and distribution of alcoholic and non-alcoholic beverages. Its offer includes various types of tequila distributed under own Jose Cuervo brand name, non-alcoholic drinks, ready-to-drink beverages, as well as other distilled alcohols distributed under third-party brand names, including Three Olives, Hangar 1, Stranahan's, Bushmills and Boodles. Its distribution chain comprises operations in the United States, Mexico and other countries. In addition, the Company is involved in the farming and processing of blue agave. The Company owns a number of subsidiaries, such as Tequila Cuervo la Rojena SA de CV, Casa Cuervo SA de CV and Azul Agricultra y Servicios SA de CV.
BECLE, S.A.B. DE C.V. 
