Coca-Cola Femsa SAB de CV ADR

KOF: XNYS (USA)
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Coca-Cola Femsa Earnings: Marketing and Channel Investments to Mitigate Sugar Tax Impact in Mexico

Coca-Cola Femsa's organic sales rose 6% in the fourth quarter, on South America strength (up 10%) in both pricing and volume. Mexico improved to 3% growth from flat in the first nine months. Adjusted EBITDA grew 13%, and margins widened 210 basis points to 23.4% on expense leverage.

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