Companies / Mexico
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Coca-Cola FEMSA Performs Well In Mexico
May 2008 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Mexico-based soft drinks firm Coca-Cola FEMSA has reported a 6.4% rise in net sales for the first quarter of 2008 to reach MXN17.26 (US$1.7bn). Operating income for the period increased by a healthy 15.7% to reach MXN2.8bn. The firm will be particularly heartened by the very strong performance of its Mexican division, where some analysts had forecast the soft drink market to soften due to increased health consciousness and a slowdown in economic