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Cuervo tops the tree in Q3 as premiumisation in Tequila continues – results data

Intel Reporter
Last updated: 28/10/2022 at 1:21 PM
By Intel Reporter
28 October 2022
1 Min Read

Cuervo has posted the highest rate of sales growth so far of the major listed alcohol companies from the third quarter.


Cuervo portfolio 2022
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Quarterly sales leap 20.2% to MXN11.53bn (US$578.6m)Premium Tequila leads charge - Group volumes up only 5%Top line for year-to-date - to end of September - +21.4% at MXN31.93bn Cuervo has posted the highest rate of sales growth so far of the major listed alcohol companies from the third quarter. The 20.2% year-on-year increase in sales from the three months to the end of September outstrips previous leader Heineken, which was up 19.8% for the period. Of the group's spirits peers, Campari Group's +18.6%, reported earlier this week, is the next best to date. Flagship brand Jos

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