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Coca-Cola FEMSA FY sales, profits drop on Venezuela currency switch

2015-02-26 10:57:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola FEMSA has posted a drop in full-year profits and sales after currency fluctuations in Venezuela hit performance.

Tags: sales drop switch venezuela

 

Economic Worries Weigh On FEMSA

2014-12-21 20:57:42| Beverages - Topix.net

Weak consumer traffic has kept a lid on enthusiasm for FEMSA's OXXO convenience stores, while ongoing worries about Argentina and Venezuela weigh on Coca-Cola FEMSA. FEMSA continues to manage for long-term growth, including adding more services to OXXO stores, expanding the OXXO store footprint, and bulking up new ventures like its pharmacy operations.

Tags: economic weigh worries femsa

 
 

UPDATE 1-Mexico's Femsa buys regional drugstore operator Farmacon

2014-12-02 04:11:37| Beverages - Topix.net

Mexico's Femsa said on Monday it agreed to buy Farmacias Farmacon, a drugstore operator based in the country's western state of Sinaloa, for an undisclosed sum. Femsa, which operates the Oxxo chain of convenience stores and also has a joint venture with The Coca-Cola Co to bottle Coke through Coca-Cola Femsa, has been expanding into pharmacies and fast food over the last few years.

Tags: update regional operator buys

 

just On Call - Coca-Cola FEMSA cuts 1,300 jobs as Mexico soda tax bites

2014-10-23 15:05:57| Daily beverage news and comment - from just-drinks.com

Coca-Cola FEMSA has had to cut around 1,300 jobs as its copes with Mexico's new soda tax, but volumes are not being as badly affected as predicted, according to its CFO.

Tags: call jobs mexico tax

 

Coca-Cola FEMSA posts nine-month sales, profits increase

2014-10-23 14:17:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola FEMSA has reported a healthy lift in nine-month sales as the group continued to benefit from its acquisitions in Brazil and Mexico last year.

Tags: sales posts increase profits

 

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