‘Early signs of improvement’ for Proximo Spirits but Q2 closes down, again – results data

Sales in three months to end of June decline 6.4% to MXN11.46bn (US$615.8m)Fall is almost identical to Q1's -6.9% performanceProximo Spirits has booked a fourth consecutive quarter of declining sales, with the latest three-month period in line with the first quarter of the current calendar year.The dip of 6.4% in sales from the three months to the end of June followed Q1's fall of 6.9% on the corresponding period a year earlier. Despite the performances in the calendar year so far, the group, which holds responsibility for brands including tequila giant Jose Cuervo, noted "early signs of impro