Coca-Cola FEMSA Q3 2025 Financial Results

Coca-Cola FEMSA, S.A.B. de C.V. (KOF) reported its financial results for the third quarter of 2025. The company experienced a 0.6% decline in volume, primarily driven by decreases in Mexico and Panama, partially offset by growth in Brazil, Colombia, Argentina, Guatemala, Costa Rica, and Nicaragua. Revenue increased by 3.3% on a reported basis and 4.7% on a currency-neutral basis. Operating income rose by 6.8% (7.0% currency-neutral), while majority net income increased by 0.7%. Earnings per share were Ps. 0.35. The company highlighted that over 60% of its total client base are now digital monthly active buyers. For the first nine months of 2025, volume declined by 2.8%, while revenue increased by 5.0% (5.7% currency-neutral). Operating income grew by 4.3% (2.9% currency-neutral), and majority net income decreased by 0.6%. Earnings per share for the nine-month period were Ps. 0.97. The company also noted recent developments, including the passing of a board member, support for flood-affected communities in Mexico, and progress in sustainability efforts.