Grupo Modelo Q4 Profit Down 2%
Mexican brewer Grupo Modelo (OTC: GPMCY) reported a 2% drop in its fourth-quarter profit.
Grupo Modelo's quarterly profit fell to 3.47 billion pesos ($270 million), from 3.54 billion pesos, in the year-ago quarter.
Grupo Modelo shares closed at $88.00 on Friday.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.