Coca-Cola FEMSA, the largest Coca-Cola franchise bottler globally by sales volume, has reported its financial results for the first quarter of 2025. The company experienced a 2.2% decline in volume but achieved a 10.0% growth in revenue on a currency-neutral basis, with operating income increasing by 7.3%. Majority net income saw a growth of 2.7%, and earnings per share were recorded at Ps. 0.31.
CEO Ian Craig expressed satisfaction with the results, stating: "I’m pleased with our company’s first quarter results. Our revenues increased 10.0% while our operating income increased 7.3%, underscoring our resilient profile in the face of a slower macroeconomic backdrop in key markets." He noted that while volumes declined in Mexico and Central America due to tough comparisons, South American countries like Brazil, Argentina, and Uruguay showed positive volumes.
Craig highlighted ongoing strategic adjustments: "In this scenario, we maintain our long-term strategy while adjusting to address any short-term headwinds." He mentioned initiatives across commercial, financial, and supply chain areas to adapt to current conditions.
The company also made progress in digital transformation efforts with advancements such as Juntos+ v.4.0 rollout in Costa Rica and Nicaragua and the completion of Juntos+ Advisor tool deployment in Brazil.
Recent developments include Coca-Cola FEMSA's Annual Ordinary General Shareholders’ Meeting on April 8, where shareholders approved several resolutions including financial statements for 2024 and dividend payments for fiscal year 2024 amounting to Ps. 7.36 per KOF UBL unit (Ps. 0.92 per share) spread over four installments throughout the year.
Additionally, Coca-Cola FEMSA released its integrated annual report titled “Future-Ready – Bringing tomorrow closer,” along with regulatory filings available on their website.
On April 23, Coca-Cola FEMSA paid out the first installment of dividends amounting to Ps. 3,865.5 million.
The company's stock is listed on both the Mexican Stock Exchange under ticker KOFUBL and NYSE under ticker KOF.
Coca-Cola FEMSA continues to be a significant player within its industry through operations spanning multiple countries including Mexico, Brazil, Guatemala, Colombia among others across Latin America.
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