Mexico

Mexican bread maker Grupo Bimbo has reported rising sales and earnings for Q409 on the back of acquisitions. In the three months ending in December 2009, Bimbo's net sales were up... 2010-03-04

Mexican brewer Grupo Modelo has registered an increase in sales and profits for the fourth quarter of 2009. In the three months to the end of December, Modelo's revenues climbed by... 2010-02-22

Mexico-based Femsa has reported surging sales for 2009. In the 12 months to the end of December Femsa's net sales increased by 17% to MXN197bn (US$15bn). Net profits jumped by 48%... 2010-02-17

Mexico's second largest grocery retailer Soriana is optimistic about its growth prospects for 2010, suggesting that a rise in consumption will lead to a 7-8% increase in its same-store... 2010-02-11

Swiss food and drink giant Nestlé has announced plans to invest MXN5bn (US$390mn) in its Mexican production and infrastructure facilities. The majority of the investment will be... 2010-02-01

Mexico-based Femsa's decision to offload its beer division to Heineken leaves the firm in a strong position to expand in its favoured sectors - retail and soft drinks. In the retail... 2010-01-22

Mexico's largest retailer, Wal-Mart de Mexico (Walmex), has posted sales growth of 10% in 2009 thanks to new store openings and a rise in sales at existing stores. Total sales for... 2010-01-12