Jose Cuervo Financial Overview
Becle's Outstanding Performance Makes it Today a Larger
Company than in 2015
Jose Cuervo
2015
18.2MM
1.5X
27.3MM
of 9 Liter Cases
of 9 Liter Cases
NSV/Case (1) US$51
Net Sales by Region
Row
12%
Mexico
24%
US and
Canada
64%
Notes:
1. Net sales / 9 Liter Cases
2. FX: PS$ 17.6195 = US$
3. As of September 30, 2023
933 MM
2.7X
2,553 MM
Net Sales (US$) (2)
Net Sales (US$) (2)
246 MM
EBITDA (US$) (2)
1.7X
418 MM
EBITDA (US$) (2)
0.9x
Net Debt/ EBITDA
Private
2.9x
Net Debt/ EBITDA
8.3 Bn
US$ (2) Market Cap (3)
Supported by solid corporate
governance, including 83%
independent board members
LTM 3Q23
NSV/Case (1) US$94
Focus on brand
premiumization
Net Sales by Region
RoW
16%
Mexico 24%
60%
U.S. and
Canada
More favorable
exposure to the largest
spirits' profit pool
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