Coca-Cola FEMSA (KOF), the world's largest Coca-Cola bottler, posted a 4.7% revenue rise to 76.3 billion pesos and 16.9% higher net income, sending shares up about 6.5%.
Companies · Mexico
Key Facts
—The company. Coca-Cola FEMSA, known by its ticker KOF, is the world’s largest Coca-Cola bottler by sales volume.
—The result. Second-quarter revenue rose 4.7% to 76.3 billion pesos (about US$4.1 billion), up 6.6% currency-neutral.
—The profit. Majority net income climbed 16.9%, and gross margin widened 180 basis points to 47.1%.
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