Becle, S.A.B. de C.V. Reports Earnings Results for the Full Year Ended December 31, 2022
February 15, 2023
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Becle, S.A.B. de C.V. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was MXN 45,729 million compared to MXN 39,419 million a year ago. Net income was MXN 5,856 million compared to MXN 5,020 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.