MEXICO CITY, Feb 27 (Reuters) - Mexico's Becle
, the maker of Jose Cuervo tequila, warned on
Thursday that it could face an $80 million impact this year if
U.S. President Donald Trump goes through with his threat of
imposing tariffs next month on imports of Mexican products.
Becle, the world's largest tequila producer, reported late
on Wednesday a 21% net profit decrease in the fourth quarter,
and said that changes in U.S. trade policy could adversely
affect the company.
Excluding any potential tariff impact, the company expects
its capital expenditures in 2025 to be between $110-$130
million, Becle's chief financial officer Rodrigo de la Maza said
during a conference call with analysts.
Net sales, meanwhile, are expected to grown mid-single digit
in 2025.
The company's shares were down about 3% in the first
hours of trading, ranking as one of the biggest losers on
Mexico's main stock index.