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Mexican processor has increased prices due to higher costs of avocado
date:Feb 20, 2023
last three months of 2022, Grupo Kuo's consumer business recorded a 20% increase in its revenues, something that was due to higher prices and volumes. Despite this, in the fourth quarter, operating flow or EBITDA in this segment fell by 19% over the same period of 2021.

At a consolidated level, Kuo Group recorded a 2% growth in revenue and a 24% drop in operating flow in the fourth quarter.

This contraction is explained by the sharp increase in raw material prices, higher distribution and tra

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