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Fomento Económico Mexicano Q3 Revenue Rises 9.8% to Ps. 235.6B

Growth at Coca-Cola FEMSA, OXXO Mexico, Americas & Mobility and Health outweighed a decline in Europe. Revenue grew 9.4% excluding OXXO Brazil’s consolidation and currency effects.

By John Kim
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A soda bottle and glass panels stand on an unmarked checkout counter / TokenPost.ai
A soda bottle and glass panels stand on an unmarked checkout counter / TokenPost.ai

Fomento Económico Mexicano (FMX) posted third-quarter revenue of Ps. 235.6 billion, up 9.8% from a year earlier, as gains in four listed businesses outweighed a decline in Europe.

Revenue increased at Coca-Cola FEMSA, OXXO Mexico, Americas & Mobility and Health. Excluding the OXXO Brazil consolidation and currency effects, revenue grew 9.4%.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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