The Rio Times
The Rio Times
Americas · 20 mins ago

Coca-Cola FEMSA (KOF) Shares Jump After Strong Second-Quarter Results

Companies · Mexico Key Facts —The company. Coca-Cola FEMSA, known by its ticker KOF, is the world’s largest Coca-Cola bottler by sales volume. —The result. Second-quarter revenue rose 4.7% to 76.3 billion pesos (about US$4.1 billion), up 6.6% currency-neutral. —The profit. Majority net income climbed 16.9%, and gross margin widened 180 basis points to 47.1%.…
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