Coca-Cola Femsa 3rd-Quarter Net Profit Up 54% on Higher Sales, Stronger Peso
date:Oct 25, 2012
ions. Operating profit grew 27% to MXN5.49 billion from MXN4.33 billion.

After facing a very tough commodity and volatile currency environment over the past several quarters, we look forward to a strong close of the year, Chief Executive Carlos Salazar said in a release.

The company, Latin America's largest Coca-Cola bottler, said the stronger Mexican peso in the quarter led to a sharp drop in financing costs, which fell to MXN20 million from MXN355 million in the third quarter of 2011, contri
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