Earnings ·
Coca-Cola FEMSA reports Q3 majority net income up 5.5% to Ps. 6,223 million
COCSFCoca Cola Femsa SAB de CV
Coca-Cola FEMSA reported third-quarter consolidated revenues of Ps. 79,718 million, a 10.9% increase from the prior year period, driven by volume growth and revenue management initiatives. Operating income rose 15.4% to Ps. 11,874 million, while majority net income increased 5.5% to Ps. 6,223 million. Earnings per share were Ps. 0.37. The company also announced the payment of the third installment of its ordinary dividend at Ps. 0.241875 per share. Coca-Cola FEMSA is the largest Coca-Cola franchise bottler in the world by sales volume, producing and distributing trademark beverages across Latin America.