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February 27, 2014
09:13 EDTFMXFEMSA reports Q4 total revenues grew 11.1%, grew 3.2% organically
FEMSA consolidated total revenues grew 11.1% compared to the fourth quarter of 2012, reflecting growth at Coca-Cola FEMSA and FEMSA Comercio. On an organic basis, total revenues grew 3.2%. Coca-Cola FEMSA total revenues increased 8.5% compared to the fourth quarter of 2012. On an organic basis, total revenues decreased 2.2% reflecting a negative translation effect resulting from the devaluation of currencies in South America division. The company said, "During the fourth quarter, trends for our two core businesses followed separate trajectories. For Coca-Cola FEMSA, in Mexico top-line was resilient but profitability numbers reflected a very demanding comparison base, while the consumer environment remained tough in Brazil and local currencies continued under pressure in most of South America. For its part, at FEMSA Comercio sequential top-line trends improved slightly and expenses remained contained during the quarter, helping to drive positive margin dynamics."
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July 25, 2014
09:13 EDTFMXFEMSA sees gradual improvement in 2H
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09:12 EDTFMXFEMSA reports Q2 income from operations up 9%
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