Coca-Cola Femsa SAB de CV

KOF

Equity

ISIN US1912411089 / Valor 114621

New York Stock Exchange, Inc (2024-11-21)

USD 77.92-0.09%

Coca-Cola Femsa SAB de CV
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About company

Coca-Cola Femsa SAB de CV is a leading bottler of Coca-Cola products in Latin America, with a diversified portfolio that includes dairy and ice cream products in addition to beverages. The company has expanded its operations through strategic acquisitions, such as Coca-Cola Bottlers Philippines, Inc. and Estrella Azul, as well as partnerships with The Coca-Cola Company to acquire Leão Alimentos. With state-of-the-art manufacturing facilities in Brazil and Colombia, Coca-Cola Femsa SAB de CV has established itself as a key player in the beverage industry under the leadership of CEO John Santa Maria Otazua.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Revenue Growth

In the second quarter of 2024, Coca-Cola Femsa SAB de CV reported a 13.1% increase in total revenues, reaching Ps. 69,456 million. This growth was primarily driven by solid volume increases across most of their territories, despite unfavorable currency translation effects.

Operating Income

Coca-Cola Femsa SAB de CV's operating income for the second quarter of 2024 grew by 13.8%, amounting to Ps. 9,746 million. The operating margin saw a slight increase of 10 basis points to 14.0%, supported by operating leverage and expense efficiencies.

Net Income

The net income attributable to equity holders of Coca-Cola Femsa SAB de CV for the second quarter of 2024 was Ps. 5,608 million, up from Ps. 4,926 million in the same period of the previous year. This increase was mainly due to higher operating income and a reduction in comprehensive financing expenses.

Earnings Per Share

For the second quarter of 2024, Coca-Cola Femsa SAB de CV reported earnings per share of Ps. 0.33. This translates to earnings per unit of Ps. 2.67 and per ADS of Ps. 26.69, reflecting the company's solid financial performance during the period.

Volume Growth

During the second quarter of 2024, Coca-Cola Femsa SAB de CV experienced a 7.5% increase in volume, reaching 1,095.8 million unit cases. This growth was driven by strong performances in Mexico, Brazil, Guatemala, and Central America South territories, although partially offset by declines in Argentina and Uruguay.

Summarized from source with an LLMView Source

Key figures

-8.34%1Y

52.4%3Y

33.7%5Y

Performance

25.3%1Y

24.8%3Y

27.5%5Y

Volatility