Fomento Economico Mexicano SAB de CV ADR

FMX: XNYS (USA)
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Femsa Earnings: Better Value and Assortment Fuels Oxxo Growth, Capital Efficiency Remains a Focus

Femsa grew organic sales by 5% in the fourth quarter, led by 6% increases in both Oxxo Americas and beverage bottling. Favorable sales mix and efficiency gains in the two segments also lifted EBITDA margin by 150 basis points to 18.1%.

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