Grupo Modelo, Mexico’s market leader in the production and marketing of beer with a market share of 60.7%, reported second quarter EBITDA up 3.7% to 2.7bn pesos. While
domestic shipments dropped 0.3% from the same quarter last year, exports grew 20.8%. During the second quarter, Grupo Modelo shipped 10.5m hl of beer. Operating income was 2.4bn pesos.