July 19, 2018 / 6:12 PM / 4 months ago

Mexico's Alfa raises 2018 guidance after results

MEXICO CITY (Reuters) - Mexican conglomerate Alfa (ALFAA.MX) on Thursday raised its guidance for 2018 earnings before interest, tax, depreciation and amortization (EBITDA) to $2.365 billion from $2.17 billion, after posting stronger second-quarter results.

The company also raised its revenue guidance to $18.825 billion for the year, up from $17.413 billion.

Reporting by Christine Murray and Sheky Espejo; Editing by Lisa Shumaker

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