José Cuervo reports increase of 15.9% year-on-year in net profit during the first quarter of 2025

After a complicated closure in 2024, Becle, the company that owns the Tequila José Cuervo, started in 2025 with solid financial results, driven by a recovery in sales and higher operating margins, despite facing an environment marked by consumer caution and a drop in total sales volume. During the first quarter of the year, Becle’s consolidated net profit grew 15.5% when it stood at 1,166 million pesos, compared to 1,010 million reported in the …

Tequila producer José Cuervo reported Tuesday that her profits increased 15.9% year-on-year in the first quarter, to 1,164 million pesos (56.9 million dollars), in line with the estimates of analysts consulted by LSEG.The company, which obtains most of its revenues from tequila, but also produces spirit drinks such as mezcal Creyente, Stranahan's whisky, Kraken rum and Boodles gin, attributed the impulse to the reduction of the costs of inputs a…