"Our results highlight the resilience of our business and the strategic execution that drives Coca-Cola FEMSA forward,” Craig stated. He credited strong performance in Brazil and Guatemala for much of the growth, along with a focus on core business expansion and cost management initiatives that contributed to double-digit gains in revenue and operating income.
Sales volumes rose 0.8 percent overall, fueled by market growth in Brazil, Guatemala, and parts of Central and South America, including Argentina, despite its economic challenges. However, gains were partially offset by volume declines in Mexico, Colombia, and Uruguay.
