Proximo Spirits starts 2023 in good shape – results data

Three-month sales rise 12.8% to MXN9.58bn [US$529m] Volumes to end of March up 3.9% Jose Cuervo stable up 5.4% in reported terms, on +8.5% volumes Cuervo has bounced back from its mooted finish to 2022, posting a double-digit rise in sales from the first three months of the current year. The Mexico City-headquartered company, which runs its operations outside of Mexico as Proximo Spirits, saw its top line in the three months to the end of March rise by almost 13% on the corresponding period last year. The performance follows the +5.1% quarterly showing at the end of 2022, which s