Becle, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 22, 2024 at 05:54 pm EST
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Becle, S.A.B. de C.V. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was MXN 13,164.34 million compared to MXN 13,800.61 million a year ago. Net income was MXN 1,962.03 million compared to MXN 1,391.58 million a year ago.
Basic earnings per share from continuing operations was MXN 0.55 compared to MXN 0.39 a year ago. Diluted earnings per share from continuing operations was MXN 0.55 compared to MXN 0.39 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. 
