Earnings Releases
Our EBITDA margin expanded significantly, reaching 22.3% in Q1 2024, an increase above 150 basis points year on year, driven by cost efficiencies through our manufacturing plant and the focus on our productivity initiatives. Our productivity goals remain on track, with a 40% progress to date towards Ps. $1,800 MM in annual cost savings by 2027
Marco Sparvieri
Chief Executive Officer
April 24, 2024
