FONT-SIZE Plus   Neg

Coca-Cola FEMSA Q4 Profit Rises - Quick Facts

Coca-Cola FEMSA, S.A.B. de C.V. (KOF) reported that consolidated net controlling interest income grew 6.1%, reaching Ps. 3.207 billion in the fourth quarter of 2011.

Consolidated operating income grew 27.9% to Ps. 6.497 billion for the fourth quarter of 2011, driven by double-digit operating income growth in each division, including the integration of the new territories in Mexico.

Total revenues reached Ps. 36.187 billion in the fourth quarter of 2011, an increase of 29.3% compared to the fourth quarter of 2010 as a result of double-digit total revenue growth in each division and the integration of Grupo Tampico and Grupo CIMSA in our Mexican territories.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Chipmaker Qualcomm is reportedly in talks with NXP Semiconductor NV (NXPI) for a possible acquisition, reports said. According to Bloomberg, negotiations are on with a probable price of $110 t $120 per NXP share. The deal would value NXP at around $34.7 billion. Regulators have confirmed the eleventh U.S. fatality linked to Takata Corp.'s defective air bag inflators. The National Highway Traffic Safety Administration or NHTSA said Thursday that a crash fatality in Riverside County, California, was tied to the rupture of a recalled Takata air bag inflator. Reynolds American Inc. (RAI) on Friday confirmed that British American Tobacco plc (BATS.L, BTI) has offered to buy the remaining 57.8 percent stake that it does not own in the US tobacco company for $47 billion. Reynolds said its board of directors will evaluate the offer, and respond accordingly to BAT, which currently owns 42.2 percent stake in Reynolds. The proposal represents an enterprise va
comments powered by Disqus
Trade KOF now with 
Follow RTT