Cuervo finishes slow but 2022 still impresses – results data

Last updated: 17/02/2023 at 12:00 AM

17 February 2023

1 Min Read

Cuervo has had a relatively disappointing finish to 2022, with its healthy growth rates earlier in the year decelerating in the final quarter.

Sales in final quarter of 2022 rise 5.1% to MXN13.8bn [US$743.4m]
Full-year finishes up 16% at MXN45.73bn
Pronounced slowing of growth rate from year-to-date’s +21.4%

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AB InBev
Bacardi
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Diageo
Moët Hennessy
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Suntory Global Spirits
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TAGGED:Cuervo

ByOlly Wehring

Olly has been reporting on the beverage industry as a B2B journalist since 2003. He spent 18 years at Just Drinks, 16 of which as managing editor. Since joining Global Drinks Intel in 2022, he's interviewed the CEOs for brand owners including AB InBev, Campari Group, Carlsberg, Heineken and Suntory Global Spirits and has a bulging contacts book from across beverage alcohol worldwide.