Does Coca-Cola own Femsa?
Does Coca-Cola own Femsa?
Coca-Cola FEMSA (47.2% owned) is the largest franchise bottler of Coca-Cola products in the world by volume. It has operations in 10 countries including Mexico, Brazil, Argentina, Colombia, Central America, Venezuela and Uruguay.
What is the difference between KO and KOF?
KOF currently has a forward P/E ratio of 14.44, while KO has a forward P/E of 23.87. We also note that KOF has a PEG ratio of 1.51. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company’s expected earnings growth rate. KO currently has a PEG ratio of 2.10.
When was Coca-Cola Femsa founded?
October 30, 1991
Coca Cola Femsa S.A.B. de C.V./Founded
Who is the owner of Coca-Cola Femsa Philippines?
The Coca-Cola Company
Coca Cola Co Subsidiaries:
Coca-Cola Beverages Philippines/Parent organizations
Does Mexico own Coca-Cola?
Coca-Cola FEMSA, S.A.B. de C.V., known as Coca-Cola FEMSA or KOF, is a Mexican multinational beverage company headquartered in Mexico City, Mexico….Coca-Cola FEMSA.
| Type | Public |
|---|---|
| Revenue | MXN$ 194.2 billion (2019) |
| Net income | MXN$ 15.8 billion (2019) |
| Total assets | USD$ 13.3 billion(2019) |
| Parent | FEMSA |
Does Coke own Mexican Coke?
Coca-Cola opened its first bottling franchise in Mexico around 1921 with Grupo Tampico, and then Grupo ARMA. Monterrey-based FEMSA is currently the largest Coca-Cola bottler in Mexico and most of Latin America.
What is the dividend for KO?
KO Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 03/12/2021 | CASH | $0.42 |
| 11/30/2020 | CASH | $0.41 |
| 09/14/2020 | CASH | $0.41 |
| 06/12/2020 | CASH | $0.41 |
Why is Coke stock symbol KO?
To claim the NYSE moniker, it would need to register with competitor Nasdaq OMX’s (NASDAQ:NDAQ) stock exchange. That irony would simply be too rich. That’s why Coca-Cola (NYSE:KO) goes by the less-than-obvious KO ticker on the NYSE while the lesser-known Coca-Cola Bottling (NASDAQ:COKE) gets the COKE symbol on NASDAQ.
Why is Coke cheap in Mexico?
In 1997, the Mexican government passed a levy on high-fructose corn syrup in an attempt to keep the demand—and thus the price—for Mexican sugar higher. The U.S. deemed this an unfair infringement on trade and went to the World Trade Organization (WTO) to make its case, and the WTO decided in favor of the U.S.
What kind of company is Coca Cola FEMSA?
Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages.
What’s the dividend yield on Coca Cola FEMSA?
3.69%. Coca-Cola FEMSA. de’s pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%). Coca-Cola FEMSA. de’s dividend is below the markets top 25% of dividend payers in United States of America (3.67%). Dividends per share have been stable in the past 10 years.
What was the first quarter profit for FEMSA?
Mexican conglomerate Femsa said on Thursday its first-quarter net profit fell more than 40% compared with a year ago, when the pandemic had still barely begun to hammer Mexico’s economy, although operations were better compared with the prior quarter.
Which is better Coca Cola FEMSA or PEP?
FEMSA’s (FMX) first-quarter results reflect sequential improvements across most of its segments compared with fourth-quarter 2020. Sales growth and lower interest expense aid earnings. KOF vs. PEP: Which Stock Is the Better Value Option?
Where does Coca Cola FEMSA SAB de CV operate?
Coca-Cola FEMSA SAB de CV engages in the production and distribution of trademark beverages. It operates through the following divisions: Mexico and Central America and South America. The Mexico and Central America division comprises Mexico, Guatemala, Nicaragua, Costa Rica and Panama.
Where are Coca Cola FEMSA’s most important markets?
While Mexico and Brazil are Coca-Cola Femsa’s most important markets, generating roughly 80% of volume, the firm operates in other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina.
Why are shares of coke FEMSA so low?
Slipshod vaccination campaigns across its territories, weak functional currencies (particularly the Brazilian real and Argentine peso), and general macro uncertainty continued to beleaguer shares of narrow-moat Coke Femsa heading into its first-quarter earnings print.
Who is the largest bottler of Coca Cola?
Combined with discrete price increases that the firm has been able to implement, we have confidence that it will be able to navigate inflationary and other macro headwinds in its markets. Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of the Coca-Cola Co. by volume.