Fomento Economico Mexicano S.A.B. de C.V. operates in the Bottled and canned soft drinks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fomento Economico Mexicano S.A.B. de C.V. with three other
soft drink producers in Latin America:
Compania Cervecerias Unidas SA
sales of 1.86 trillion Chilean Pesos [US$2.51 billion]
of which 67%
Coca-Cola Femsa S.A.B. de C.V.
(183.62 billion Mexican Pesos [US$8.89 billion]
of which 58%
was Mexico and central America), and
Arca Continental SAB de CV
(171.59 billion Mexican Pesos [US$8.30 billion]
of which 39%
was Soft drinks - Mexico).
During the first
quarter of 2021, sales at Fomento Economico Mexicano S.A.B. de C.V. totalled
124.47 billion Mexican Pesos.
practically unchanged from the previous year, and is only
an increase of 2.0%
from the 122.06 billion Mexican Pesos in sales at the company during the first quarter of 2020.
Sales at Fomento Economico Mexicano S.A.B. de C.V. appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 26.1% and 28.7%
of the annual
Fomento Economico Mexicano S.A.B. de C.V. reported sales of 492.97 billion Mexican Pesos (US$23.86 billion)
December of 2020.
decrease of 2.7%
versus 2019, when the company's sales were 506.71 billion Mexican Pesos.
Contributing to the drop in overall sales was the 28.3% decline
in Femsa Combustible, from 47.85 billion Mexican Pesos to 34.29 billion Mexican Pesos.
There were also decreases in sales in
Coca-Cola Femsa (down 5.6% to 183.62 billion Mexican Pesos)
Femsa Proximidad (down 1.9% to 181.28 billion Mexican Pesos)
However, these declines were partially offset by the increase in sales of
Femsa Salud (up 10.6% to 65.17 billion Mexican Pesos)
Other (up 18.3% to 49.41 billion Mexican Pesos)