Mexico City, July 23, 2025, Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFUBL, NYSE: KOF) (“Coca-Cola FEMSA,” “KOF” or the “Company”), the largest Coca-Cola franchise bottler in the world by sales volume, announces results for the second quarter of 2025.
SECOND QUARTER HIGHLIGHTS
Volume declined 5.5%.
Revenue increased 5.0%, on a currency neutral basis revenue grew 2.4%.
Operating income remained flat; on a currency neutral basis operating income decreased 2.6%.
Majority net income decreased 5.3%.
Earnings per share¹ were Ps. 0.32 (Earnings per unit were Ps. 2.53 and per ADS were Ps. 25.29.).
Reached 8 times more active users in the latest version of Juntos+ v 4.0, versus the previous year.
The Company issued a successful transaction of senior notes for a total amount of US$500 million due 2035. These notes were priced at attractive spreads and coupon reflecting strong international investment grade dedicated investor demand, confirming Coca-Cola FEMSA’s financial discipline and strong credit profile.
FIRST SIX MONTHS HIGHLIGHTS
Volume declined 3.9%.
Revenue increased 6.7%, on a currency neutral basis revenue grew 5.4%.
Operating income increased 3.3%, on a currency neutral basis operating income grew 0.7%.
Majority net income decreased 1.4%.
Earnings per share¹ were Ps. 0.62 (Earnings per unit were Ps. 4.97 and per ADS were Ps. 49.74.).
1 Quarterly earnings / outstanding shares. Earnings per share (EPS) were calculated using 16,806.7 million shares outstanding. For the convenience of the reader, as a KOFUBL Unit is comprised of 8 shares (3 Series B shares and 5 Series L shares), earnings per unit are equal to EPS multiplied by 8. Each ADS represents 10 KOFUBL Units.
MESSAGE FROM THE CEO
“During the second quarter, we navigated a challenging environment marked by a softer macroeconomic backdrop in Mexico and adverse weather conditions in Mexico and Brazil. However, despite a tougher than expected first half of the year, we are encouraged by our improved competitive position, and we maintain our long-term perspectives unchanged. As we look ahead to the second half of the year, we will make learnings and adjustments to our plans that will deliver long-term value. Importantly, we will continue investing in capacity and capabilities to support our future growth.
While the current operating environment remains complex, we are confident in our resilient profile and in the several initiatives we are implementing across our markets—from commercial, financial, and supply chain. We are leveraging our capabilities and our strong partnership with The Coca-Cola Company to deliver long-term sustainable growth for all our stakeholders.”
Ian Craig, Coca-Cola FEMSA’s Chief Executive Officer
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Investor Relations Contact Details
Jorge Collazo
Lorena Martin
Bryan Silva
Agustín Bolio