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Becle’s net profit rose to 1.40 billion Mexican pesos ($69.5 million).
Revenue for the company, whose portfolio also includes well-known alcoholic beverage brands such as Maestro Dobel, Hangar 1 and Kraken, climbed 18.9% from a year earlier to 11.33 billion pesos as prices increased throughout the distiller’s portfolio.
“We continue to anticipate favorable trends across our portfolio and geographical regions as a result of the on-premise rebounds, off-premise resilience and our ongoing premiumization efforts,” its management said in a statement.
Earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter rose 43.7% to 2.34 billion pesos. Becle executives said last quarter they expected to see more supply chain problems throughout the year.
($1 = 20.1353 pesos at end-June)
