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February 27, 2013
08:19 EDTKOFCoca-Cola Femsa reports Q4 revenues up 10.4% to Ps. 39.86M
This i smainly as a result of double-digit revenue growth in the Mexico & Central America division, including the integration of Grupo CIMSA and Grupo Fomento Queretano in our Mexican territories. Excluding the non-comparable effect of these territories in Mexico, total revenues increased 6.0%. Reported consolidated operating income grew 29.5% to Ps. 7,224M for Q4, driven by double-digit growth in both divisions and the integration of the new territories in Mexico. Our reported operating margin expanded 260 basis points to 18.1% in the Q4. Excluding the non-comparable effect of Grupo CIMSA and Grupo Fomento Queretano, operating income grew 26.0%. Reported consolidated net controlling interest income grew 34.7% to Ps. 4.32M in Q4.
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