Detail akcie Fomento Economic Depository Receipt online

Business Summary: Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Fomento Economico Mexcn SAB de CV (ADR) revenues increased 11% to PS178.2B. Net income before extraordinary items decreased 65% to PS2.82B. Revenues reflect Bottled Beverages segment increase of 11% to PS63.8B, Mexico segment increase of 8% to PS113.42B. Net income was offset by Interest income decrease of 67% to PS2.85B (income), Distribution costs increase of 6% to PS46.77B (expense).