-- Total revenues reached Ps. 26,007 million in the third quarter of
2009, an increase of 31.5% compared to the third quarter of 2008 driven by
double-digit increases in every division.
-- Consolidated operating income grew 24.0% to Ps. 3,959 million for the
third quarter of 2009, mainly driven by double-digit operating income
growth recorded in our Latincentro and Mercosur divisions. Our operating
margin was 15.2% in the third quarter of 2009.
-- Consolidated net controlling income increased 70.4% to Ps. 2,134
million in the third quarter of 2009, mainly reflecting higher operating
income, resulting in earnings per share of Ps. 1.16 in the third quarter of
2009.
"Our company achieved another quarter of strong top- and bottom-line
results, with our revenues up more than 30% and our operating income and
EBITDA up 24%. Along with price increases implemented across our
territories, our results reflected the strong growth of sparkling beverages
in Mexico and the growth of still beverages in all of our divisions. During
the quarter, we continued the integration of the Brisa water business in
our Colombian operation. We also continued to benefit from our broad
offering of beverage categories, which have helped us to reach consumers
even under difficult economic conditions. As the economic environment has
improved recently, our Company has taken advantage of our solid financial
position to continue investing for the long term. This is exemplified by
the development and deployment of new go-to-market models that will enable
us to maximize our clients' revenue potential. In the process, we have
delivered growing results and value for our shareholders while building a
total beverage platform that will positively position us to capture growth
in the coming years." said Carlos Salazar Lomelin, Chief Executive Officer
of the Company.
CONFERENCE CALL INFORMATION
Our third-quarter 2009 Conference Call will be held on: October 27, 2009,
at 12:00 P.M. Eastern Time (10:00 A.M. Mexico City Time). To participate in
the conference call, please dial: Domestic U.S.: 866-700-7477 or
International: 617-213-8840. We invite investors to listen to the live
audiocast of the conference call on the Company's website:
www.coca-colafemsa.com.
If you are unable to participate live, an instant replay of the conference
call will be available through November 3, 2009. To listen to the replay,
please dial: Domestic U.S.: 888-286-8010 or International: 617-801-6888.
Pass code: 56366733.
Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Sprite,
Fanta, Lift and other trademark beverages of The Coca-Cola Company in
Mexico (a substantial part of central Mexico, including Mexico City and
southeast Mexico), Guatemala (Guatemala City and surrounding areas),
Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide),
Colombia (most of the country), Venezuela (nationwide), Brazil (greater São
Paulo, Campiñas, Santos, the state of Mato Grosso do Sul, part of the state
of Goias and part of the state of Minas Gerais) and Argentina (federal
capital of Buenos Aires and surrounding areas), along with bottled water,
beer and other beverages in some of these territories. The Company has 31
bottling facilities in Latin America and serves over 1,500,000 retailers in
the region. The Coca-Cola Company owns a 31.6% equity interest in Coca-Cola
FEMSA.
Please click on this link to view the full version of the Press Release on
our Web Site
http://www.coca-colafemsa.com
Contact Information: Contact: Roland Karig Investor Relations KOF +52-55-50-81-51-86 www.coca-colafemsa.com