Sign In
  • News
    • Beer
    • Spirits
    • Wine
    • Environmental, Social & Governance
    • Financial Results
    • Marketing
    • Mergers & Acquisitions
    • New Product Development
    • From the Industry
  • Intel
    • Comment
    • Interview
    • Category Intel
    • Consumer Intel
    • Market Intel
  • Awards
    • Global Drinks Awards
    • New Product Awards
    • ESG Awards
  • Magazine
  • Newsletter
  • Subscribe
  • Contact
  • News
    • Beer
    • Spirits
    • Wine
    • Environmental, Social & Governance
    • Financial Results
    • Marketing
    • Mergers & Acquisitions
    • New Product Development
    • From the Industry
  • Intel
    • Comment
    • Interview
    • Category Intel
    • Consumer Intel
    • Market Intel
  • Awards
    • Global Drinks Awards
    • New Product Awards
    • ESG Awards
  • Magazine
  • Newsletter
  • Subscribe
  • Contact
Search
Whisky Live Paris 26 Banner - https://www.whiskylive.fr/en/ticketing/


Proximo Spirits looks to stabilise in 2025 as 2024 wanes – results data

Olly Wehring
Last updated: 27/02/2025 at 12:51 PM
By Olly Wehring
27 February 2025
3 Min Read

‘Following 2024’s industry contraction, our primary goal is to stabilise and build on last year’s market share gains.’


Chart of Proximo Spirits quarterly sales Q1 2022-Q4 2024
SHARE
Sales in three months to end of December slide 10.5% to MXN12.9bn (US$630.5m)For full-year 2024, sales decline 2.9% to MXN43.96bn (US$2.15bn)Jose Cuervo portfolio slips by 2.9% in value terms on 6.5% volumes fall in 2024Jose Cuervo brand operator Proximo Spirits saw its 2024 performance struggle as the year wore on, with sales in the final quarter of the year falling by double digits.After having worked through a flat first half of the 12-month period, the group has this week posted a 10.5% decline in sales from the three months to the end of December. Combined with Q3's -4.3% top-line showin

This article is available to Global Drinks Intel members only.


Click below for details on how to join the Global Drinks Intel community.


Subscribe for UNLIMITED Access


Already a member?


Log in here to read the article in full.


If you work for any of the following corporate subscribers to Global Drinks Intel,

head here to activate your access.


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

TAGGED:CuervoJose CuervoProximo 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.
Previous Article Interior of a bar How to prepare for tomorrow’s on-premise consumer – Market Intel
Next Article Can of Bud Light Anheuser-Busch InBev names next Asia chief
BCB Berlin 26 MPU - https://www.barconvent.com/berlin/de-de/tickets.html?utm_campaign=RXDE_BCBDE_2026__GDI-Website-Banners&utm_medium=referral&utm_source=pr

The Newsletter

Sign up to receive our newsletter email

  • The very latest news from across the world's beverage alcohol industry
  • Cutting-edge intel from our in-depth category & market analyses, backed by benchmark industry data
  • The best insight on your competitors from our interviews with the industry’s leaders

This field is for validation purposes and should be left unchanged.

Follow on Social

Linkedin Twitter
Global Drinks Awards Tall Tower - https://globaldrinksawards.com/
Whisky Live Paris 26 Banner - https://www.whiskylive.fr/en/ticketing/

You Might Also Like

Kirin logo

‘Competition in RTD innovation domestically has been intense for around 20 years’ – Kirin Brewery Co’s executive officer of overseas, Kosuke Fujishima, speaks to Global Drinks Intel

7 September 2026
Ardnamurchan Distillery PET bottle

Ardnamurchan Distillery unveils PET bottle for namesake single malt

7 September 2026
Diageo Guinness OOH marketing

Diageo taps into Guinness nostalgia for global marketing campaign

7 September 2026
Baileys x Terry’s Chocolate Orange

Diageo revives limited-edition orange chocolate-flavoured Baileys

7 September 2026
Linkedin Instagram

What next?

  • Sign up to our FREE newsletter
  • Subscribe
  • My Account
  • Sign up to our FREE newsletter
  • Subscribe
  • My Account

About

  • Contact
  • Privacy Policy
  • Cookie Policy
  • Terms & Conditions
  • Contact
  • Privacy Policy
  • Cookie Policy
  • Terms & Conditions

Copyright © 2026 Global Drinks Intelligence Limited. All Rights Reserved

Built and Managed by Kukoo Creative