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Proximo Spirits stays on the level in Q2 as fire hits Tequila site – results data

Olly Wehring
Last updated: 25/07/2024 at 11:53 AM
By Olly Wehring
24 July 2024
3 Min Read

A fire broke out at the group’s facility in Tequila earlier this week.


Cuervo portfolio 2022
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Flat sales (+0.8%) in three months to end of June, coming in at MXN11.15bn (US$609.9m)Jose Cuervo portfolio slips 4.2% in Q2 to MXN3.91bn'US & Canada' reporting region rises 14.5%, Mexico declines by 10.7%Proximo Spirits has seen a repeat of its first-quarter sales performance in Q2, with sales holding steady versus the year-prior.Three months after posting a 1% top-line lift from the three months to the end of March, the Jose Cuervo brand owner has booked a quarterly increase of just 0.8% in the second quarter. The company noted "sluggish" consumption levels for spirits generally during t

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  • AB InBev
  • Bacardi
  • Campari Group
  • Diageo
  • Moët Hennessy
  • Pernod Ricard
  • Proximo Spirits
  • Suntory Global Spirits
  • William Grant & Sons

TAGGED:BushmillsCuervoProximo Spirits
Olly Wehring
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.
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