Coca Cola Femsa SAB De CV (KOF) has released an update.
Coca-Cola FEMSA reported strong financial results for the third quarter of 2024, with revenue growing by 10.7% and operating income increasing by 13.9%, despite challenging weather conditions in Mexico. The company highlighted its strategic initiatives, such as the rollout of a new salesforce automation tool in Brazil, and continued focus on core business growth and cost efficiencies. Furthermore, Coca-Cola FEMSA mobilized efforts to provide humanitarian relief in Mexico and announced progress in reopening its Porto Alegre facility in Brazil.
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