Soft drink firm reports income increase over 2010

The Mexican soft drink firm Fomento Economico Mexicano, S.A.B. de C.V., better known as FEMSA, announced Monday that consolidated total revenues grew 24 percent and income from operations grew 24.9 percent compared to the fourth quarter of 2010.

Coca-Cola FEMSA income from operations increased 27.9 percent driven by double-digit operating income growth in the South America and Mexico & Central America divisions, including the integration of Grupo Tampico and CIMSA in Mexico.

This entry was posted in Costa Rica News. Bookmark the permalink.