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“We still see a disruption,” said Becle Chief Executive Juan Domingo Beckmann, specifically citing glass supplies.
Beckmann, whose family owns the company, said the disruptions had lessened from the previous year, but that the company does not “know yet when this is going to normalize.”
Challenging supply chain problems were also noted in its first-quarter results released on Thursday, although the company said it was managing those with “logistics mitigation strategies.”
Becle posted a first-quarter net profit of 1.35 billion pesos ($67.9 million), a 9.4% increase over the year-ago first quarter.
Becle was the top gainer on the Mexican stock market’s main index on Friday, closing more than 5% higher despite the overall index dropping some 2%.
($1 = 19.8911 pesos by end-March)
