Betterware de Mexico Expands Margins and Cuts Leverage in Q1 as Tupperware Latin America Deal Nears

Overview

• Betterware reported Q1 revenue up 0.3% with EBITDA, a measure of operating profit, up 14% as its EBITDA margin rose to 17.4% from 15.3%.
• The company said net debt fell sharply, taking net debt to EBITDA down to 1.5 times from 3.1 times, reflecting tighter financial discipline.
• Leaders reiterated plans to acquire Tupperware’s Latin America business in Q2, which they expect to lift earnings per share by about 40% once integrated.
• Management highlighted operational moves that support margins, including a steep inventory reduction, the launch of Betterware Colombia, and new digital tools like the Betterware Plus app and Salesforce CRM.
• Executives forecast a stronger second half on signs of a recovering Mexican consumer and pointed to expansion in Ecuador and Guatemala, with deal integration and category execution flagged as key watchpoints.