Coca-Cola FEMSA

FEMSA Forward - Focused Leadership in Retail, Beverages & Digital

Retrieved on: 
Friday, February 23, 2024

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that, as part of its commitment to the FEMSA Forward strategy, it is implementing changes in its corporate organization.

Key Points: 
  • de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that, as part of its commitment to the FEMSA Forward strategy, it is implementing changes in its corporate organization.
  • In this context, and having largely concluded the transformational transactions stemming from FEMSA Forward, today we are announcing two changes in FEMSA’s senior leadership team.
  • His leadership, financial acumen, and strategic vision have been key to the continued success and financial strength of FEMSA and its Business Units.
  • He began working with FEMSA in 1999 as a strategic advisor before formally joining FEMSA in 2003, occupying different leadership positions in the Corporate Development, Strategic Planning, and Treasury teams at both Coca-Cola FEMSA and FEMSA.

FEMSA Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, February 23, 2024

“Our results for the fourth quarter were strong, but less uniform across business units than what we saw earlier in the year.

Key Points: 
  • “Our results for the fourth quarter were strong, but less uniform across business units than what we saw earlier in the year.
  • FEMSA Health delivered stable revenues, but a deteriorating dynamic in the institutional business in Colombia hurt our profitability.
  • For its part, Coca-Cola FEMSA again delivered strong results across its income statement, while Digital@FEMSA continued to add users at a brisk pace.
  • “In short, we wrapped up a unique year that was transformational on the strategic front, with remarkable results resulting from our FEMSA Forward strategy.

Oceana: Coca-Cola and Pepsi’s plastic packaging use increases by hundreds of millions of pounds

Retrieved on: 
Friday, November 3, 2023

The Coca-Cola Company increased its use of plastic packaging by over 6% or over 454 million pounds (206,000 metric tons) to a reported 3.43 million metric tons in 2022.

Key Points: 
  • The Coca-Cola Company increased its use of plastic packaging by over 6% or over 454 million pounds (206,000 metric tons) to a reported 3.43 million metric tons in 2022.
  • PepsiCo increased its use of plastic packaging by 4% or over 220 million pounds (100,000 metric tons) to a reported 2.6 million metric tons in 2022.
  • And, both companies reported no progress on having more plastic – by weight – in reusable packaging.
  • 1 The reporting in the annual progress report does not include annual increases in plastic use for the companies reporting.

FEMSA Announces Third Quarter 2023 Results

Retrieved on: 
Friday, October 27, 2023

“The third quarter was very favorable for our business, with strong momentum across most of our operations.

Key Points: 
  • “The third quarter was very favorable for our business, with strong momentum across most of our operations.
  • However, our positive results were tempered by the unfortunate passing of FEMSA’s former CEO, Daniel Rodriguez Cofré, in the month of August.
  • We honor his legacy by continuing to execute on the strategy that he helped design and put in place.
  • For its part, Coca-Cola FEMSA delivered very strong results across its income statement, while Digital@FEMSA continued to add users at a rapid pace.

FEMSA Forward Focused Leadership in Retail & Beverages

Retrieved on: 
Friday, September 22, 2023

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today changes to its organizational structure that bring it into full alignment with the FEMSA Forward strategy and its three core business verticals: Retail, Coca-Cola FEMSA, and Digital.

Key Points: 
  • de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today changes to its organizational structure that bring it into full alignment with the FEMSA Forward strategy and its three core business verticals: Retail, Coca-Cola FEMSA, and Digital.
  • The Company also announced movements within its senior leadership team, involving internal and newly attracted talent.
  • Juan Carlos comes to FEMSA from Nubank, where he held various senior leadership positions since 2019, after a long tenure at Visa International.
  • These changes to FEMSA’s organizational structure and senior leadership team were designed in conjunction with the FEMSA Forward strategy as announced in February of this year, consistent with FEMSA’s leadership succession and talent development process.

FEMSA Announces Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023

The second quarter results announced today represent an example of the organic growth potential we have before us.

Key Points: 
  • The second quarter results announced today represent an example of the organic growth potential we have before us.
  • For its part, Coca-Cola FEMSA again delivered a strong performance, while Envoy Solutions showed sustained revenue growth driven by recent acquisitions.
  • On the Digital side, we continued to add users at a rapid pace, with active users growing more than one hundred percent year-over-year.
  • I want to extend my gratitude to our hardworking team who continue to find a way to post strong results, putting us on the right path to meet or exceed our long-term aspirations.”
    To obtain the full text of this earnings release, please visit our Investor Relations website at
    Our Second Quarter 2023 Conference Call will be held on: Thursday, July 27, 2023, 11:00 AM Eastern Time (9:00 AM Mexico City Time).

PREMISE'S MARKET PERFORMANCE SYSTEM CONNECTS MARKET SHARE TO STORE-LEVEL EXECUTION

Retrieved on: 
Wednesday, July 26, 2023

SAN FRANCISCO, July 26, 2023 /PRNewswire/ -- Premise, the global on-demand market insights company, is introducing its most advanced market measurement platform yet. 

Key Points: 
  • Powered by Premise's innovative smartphone survey technology and its extensive global Contributor community, Market Performance System (MPS) revolutionizes share of market analysis.
  • Premise's comprehensive coverage and timely market insights in the largest consumer channel exemplify its commitment to surpassing legacy methods.
  • With unparalleled accuracy and in-depth information, Premise empowers manufacturers to make informed decisions that drive success in the ever-evolving market.
  • By applying sellout prediction models to its Rolling Retail Census data, a fully integrated MPS empowers marketing teams to seamlessly translate market share trends down to store-level opportunities.

The Coca-Cola Company and Eight Leading Bottling Partners Announce Creation of Sustainability-Focused Venture Capital Fund in Partnership with Greycroft

Retrieved on: 
Wednesday, July 12, 2023

The system has a long history of investment in sustainability-focused projects that continue to make a difference in issues of global importance.

Key Points: 
  • The system has a long history of investment in sustainability-focused projects that continue to make a difference in issues of global importance.
  • For example:
    In Latin America, The Coca-Cola Company and Arca Continental have invested in leading recycled PET processing company PetStar; Coca-Cola FEMSA has invested in IMER and a high-tech PET recycling plant, PLANETA.
  • In the Philippines, Coca-Cola Beverages Philippines and Indorama Ventures invested in PETValue, the largest PET recycling plant in the country.
  • Swire Coca-Cola has invested in establishing the first food-grade ready plastic recycling facility in Hong Kong.

FEMSA Forward: Focused Leadership in Retail & Beverages

Retrieved on: 
Tuesday, June 6, 2023

de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has reached two key milestones in certain transactions set forth in its FEMSA Forward strategy, as laid out in February of this year:

Key Points: 
  • de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced that it has reached two key milestones in certain transactions set forth in its FEMSA Forward strategy, as laid out in February of this year:
    Divestiture of FEMSA’s remaining investment in Heineken.
  • Following a series of market transactions, FEMSA has divested its minority investment in Heineken N.V. and Heineken Holding N.V., retaining only a residual amount of shares to meet its obligations under its already issued Exchangeable Bonds.
  • As announced in February of this year, FEMSA Forward laid the path for FEMSA to maximize long-term value creation by becoming a highly focused platform built on its three core business verticals: Retail, Coca-Cola FEMSA, and Digital.
  • To achieve such a structure, FEMSA committed to several important initiatives, and last week FEMSA successfully completed two of them under favorable terms and conditions, generating significant value for FEMSA.

Coca-Cola and Its Bottlers Regress on Reuse Goal, Produce Billions More Single-Use Plastic Bottles

Retrieved on: 
Thursday, May 18, 2023

WASHINGTON, D. C., May 18, 2023 (GLOBE NEWSWIRE) -- Despite its commitment to increase the overall share of its products sold in reusable packaging to 25% by 2030, The Coca-Cola Company's share of products sold in reusable packaging declined in 2022. The company, in its latest sustainability report, announced that the share of its products sold in reusable containers was 14% in 2022. This is a decline of two percentage points from the 16% share disclosed when the company announced its pledge last year. Oceana estimates, based on the company’s total reported volume of sales, that the reported two percentage point decline in share could mean Coca-Cola instead produced the equivalent of an additional 5.8 billion 500ml (16.9 US fl. oz) single-use plastic bottles and cups over the last two years in place of reusable packaging.1

Key Points: 
  • oz) single-use plastic bottles and cups over the last two years in place of reusable packaging.1
    The company did not highlight the decline nor explain it in its sustainability report.
  • The Coca-Cola Company – in its sustainability report – also reported that its overall use of plastic packaging and virgin plastic increased in 2022.
  • Coca-Cola FEMSA has reported that by using refillable bottles, greenhouse gas emissions can be reduced by up to 47% compared to single-use plastic bottles.
  • By doing so, these beverage and bottling giants can prevent billions of single-use plastic bottles and cups from entering our oceans.