Compania Cervecerias Unidas' Good Accounting Results For Q4 2024 Hide An Ailing Business In Argentina

CCU's Q4 is very difficult to read due to distortions from Argentina's inflationary accounting. Reported revenues surged over 60%, but organic sales volumes were flat, an oxymoron in almost anyLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industri ...