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PepsiCo ‘desperate’ to build Mexico cola volumes: Coca-Cola FEMSA
date:Jul 27, 2012
On Tuesday, Cokes largest bottler by volume, based in Mexico City, reported revenues of Ps. (peso) 36,295m (US $2.699bn) in Q2 2012, up 27.9% on Q2 2011, but net income slid 1.3% to Ps. 2,713m ($201m) in Q2, while overall volumes were fairly flat.

The income dip came despite double-digit growth in Coca-Cola FEMSAs South American division and proceeds from the integration of three large Mexican acquisitions from 2011, but CEO Carlos Lomelin hailed positive results in the face of bad weather and

12/20 20:31