MEXICO CITY (Reuters) – Mexican distiller Becle, parent company of the popular Jose Cuervo tequila brand, on Friday forecast its volumes would grow by a “mid single-digit” in the United States and Canada this year, as it sells more spirits across North America.
The firm, which a day earlier reported a 12% decline in fourth-quarter net profit, also said that glass shortages it had reported earlier in the year appeared to be easing and that it was broadening its supplier base.
(Reporting by Sarah Morland and Aida Pelaez-Fernandez; Editing by Anthony Esposito)
