FEMSA Reports Strong Revenue Growth Amid Mixed Segment Performance

Fomento Economico Mexicano S.a.b. De C.v. ( (FMX) ) has released its Q1 earnings. Here is a breakdown of the information Fomento Economico Mexicano S.a.b. De C.v. presented to its investors.

Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a diversified company operating in the retail and beverage industries, known for its OXXO convenience stores and as the largest Coca-Cola bottler in the world by volume. The company has a significant presence in the Americas and Europe, with operations spanning various sectors including retail, health, and fuel.

In the first quarter of 2025, FEMSA reported an 11.1% increase in total consolidated revenues compared to the same period last year. The company’s income from operations grew by 4.9%, despite challenges in some segments. Coca-Cola FEMSA and the Health Division showed strong performance, while Proximity Americas faced a decline in income from operations.

Key financial highlights include a 15.8% increase in gross profit and a 54.3% rise in net consolidated income. The Health Division saw a 21.0% growth in revenues, while Coca-Cola FEMSA’s revenues and income from operations grew by 10.0% and 7.4%, respectively. However, Proximity Americas experienced an 11.8% decrease in income from operations due to higher labor costs and other expenses.

Looking ahead, FEMSA’s management remains cautiously optimistic about the rest of 2025, anticipating a recovery in the Mexican market and continued growth in international operations. The company is focused on implementing initiatives to drive revenue and manage costs effectively, leveraging its diversified business platform and strategic capabilities.