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Fomento Economico Mexicano, S.A.B. DE C.V. (Mexico)

Main Activities: Miscellaneous Nondurable Goods Merchant Wholesalers | Management of Companies and Enterprises | Soft Drink Manufacturing
Full name: Fomento Economico Mexicano, S.A.B. DE C.V. Profile Updated: October 07, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Spanish Download a sample report

Fomento Economico Mexicano S.A.B. de C.V. is currently the largest beverage company in Latin America and the largest independent Coca-Cola bottler in the world. It has operations not only in Mexico, but also all of Central America, Colombia, Venezuela and small parts of Brazil and Argentina. FEMSA began operations in 1890 with the founding of the Cerveceria Cuauhtemoc, with headquarters in Monterrey, Mexico. FEMSA operates through two business units: Coca-Cola Femsa, a bottling company of the products from The Coca-Cola Company brand, and Femsa Comercio which operates the convenience store chain OXXO, supported by strategic inputs made by packaging and logistics companies. In 1958 FEMSA got its first franchise from The Coca-Cola Company and established Coca-Cola FEMSA. In 1985 It purchased Cerveceria Moctezuma and in 1993 the franchise of Coca-Cola in Buenos Aires, Argentina. In 2003 Coca-Cola FEMSA entered other markets in Central and South America by acquiring local companies. In 2010, the company has agreed to exchange its brewing division, Cuaucthemoc-Moctezuma for 20% of the shares of Heineken, whose holder was CB Equity.

Headquarters
General Anaya 601 Pte. Bella Vista
Monterrey; Nuevo Leon; Postal Code: 64410

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Website: http://www.femsa.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
May 12, 1936
Key Executives
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Chairman of the Board of Directors
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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38.69%
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7.85%
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7.6%
Subsidiaries
CB Equity LLP (United Kingdom)
100%
CIBSA
100%
CSC de Protección Patrimonial, S.A. de C.V.
100%
Company Performance
Financial values in the chart are available after Fomento Economico Mexicano, S.A.B. DE C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net sales revenue
9.08%
Total operating revenue
9.47%
Operating profit (EBIT)
19.83%
EBITDA
29.82%
Net Profit (Loss) for the Period
18.12%
Total assets
10.11%
Total equity
4.35%
Operating Profit Margin (ROS)
0.79%
Net Profit Margin
0.45%
Return on Equity (ROE)
0.76%
Debt to Equity Ratio
-5.16%
Quick Ratio
-0.1%
Cash Ratio
0.27%

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