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Coca-Cola FEMSA(KOF) - 2021 Q4 - Earnings Call Transcript
2022-02-25 21:33
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q4 2021 Earnings Conference Call February 25, 2022 9:30 AM ET Company Participants John Santa Maria - Chief Executive Officer Constantino Spas - Chief Financial Officer Jorge Collazo - Head-Investor Relations Conference Call Participants Alvaro Garcia - BTG Carlos Laboy - HSBC Lucas Ferreira - JPMorgan Antonio Hernandez - Barclays Marcella Recchia - Credit Suisse Ricardo Alves - Morgan Stanley Sergio Matsumoto - Citigroup Operator Good morning, everyone, and welc ...
Coca-Cola FEMSA(KOF) - 2021 Q3 - Earnings Call Transcript
2021-10-29 06:17
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q3 2021 Earnings Conference Call October 28, 2021 9:30 AM ET Operator Company Participants | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | | John Santa Maria – Chief Executive Officer Constantino Spas – Chief Financial Officer Jorge Collazo – Head-Investor Relations | | | Conference Call Participants | | | Felipe Ucros – Scotiabank | | | Isabella Simo ...
Coca-Cola FEMSA(KOF) - 2021 Q1 - Earnings Call Transcript
2021-07-27 17:43
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q1 2021 Earnings Conference Call July 27, 2021 9:30 AM ET Corporate Participants John Santa Maria - Chief Executive Officer Constantino Spas - Chief Financial Officer Jorge Collazo - Head of Investor Relations Conference Call Participants Isabella Simonato - Bank of America Carlos Laboy - HSBC Marcela Recchia - Credit Suisse Alvaro Garcia - BTG Ulises Argote - JPMorgan Operator Good morning everyone and welcome to the Coca-Cola FEMSA First Quarter 2021 Conference C ...
Coca-Cola FEMSA(KOF) - 2020 Q4 - Annual Report
2021-04-08 20:01
As filed with the Securities and Exchange Commission on April 8, 2021. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Commission file number 1-12260 Coca-Cola FEMSA, S.A.B. de C.V. (Exact name of registrant as specified in its charter) Not Applicable (Translation of registrant's name into English) United Mexican States (Jurisdiction of incorporation or or ...
Coca-Cola FEMSA(KOF) - 2020 Q4 - Earnings Call Transcript
2021-02-27 21:40
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q4 2020 Results Conference Call February 25, 2021 9:30 AM ET Company Participants John Santa Maria - Chief Executive Officer Constantino Spas - Chief Financial Officer Jorge Collazo - Head of Investor Relations Matias Molina - Head of Strategy Conference Call Participants Felipe Ucros - Scotiabank Lucas Ferreira - JPMorgan Antonio Hernandez - Barclays Álvaro García - BTG Marcella Recchia - Credit Suisse Miguel Tortolero - GBM Sean King - UBS Héctor Maya - Santander ...
Coca-Cola FEMSA(KOF) - 2020 Q3 - Earnings Call Transcript
2020-10-26 22:32
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q3 2020 Results Earnings Conference Call October 26, 2020 11:00 AM ET Company Participants | --- | --- | |-------------------------------------|--------------------------------------------| | | | | | John Santa Maria - Chief Executive Officer | | | Constantino Spas - Chief Financial Officer | | | Jorge Collazo - Head of Investor Relations | | Matias Molina - Head of Strategy | | | Conference Call Participants | | | Alvaro Garcia - BTG | | | Marcella Recchia - Credi ...
Coca-Cola FEMSA(KOF) - 2020 Q2 - Earnings Call Transcript
2020-07-23 20:16
Financial Data and Key Metrics Changes - Consolidated volumes declined 7.2% for the quarter, primarily due to mobility restrictions across territories [9] - Total revenues decreased by 10.2%, impacted by price/mix headwinds and unfavorable currency translation effects [11] - Operating income declined 19.1%, with a comparable decrease of 17.6% when excluding currency translation effects [13] - Controlling net income decreased by 39.4% year-over-year, primarily due to impairments in joint ventures [16] Business Line Data and Key Metrics Changes - In Mexico, top line decreased by 8.1%, driven by a 5.8% volume decline [35] - Central America saw a volume decline of 7.4%, with Guatemala showing growth [36] - South America experienced a 9.5% volume decline, with Brazil and Uruguay posting positive volumes in June [38][40] Market Data and Key Metrics Changes - The Mexican market showed a 5.8% volume decline, while Central America had a 7.4% decline, with Guatemala partially offsetting losses [35][36] - South America faced a 9.5% decline, with Argentina remaining complex due to macroeconomic challenges [38] Company Strategy and Development Direction - The company is focusing on five key areas: collaborators, clients, consumers, communities, and cash flow [18] - Emphasis on health and safety protocols for employees and clients, alongside support for community initiatives [19][24] - Accelerating the development of omni-channel capabilities to enhance customer experience and sales [27][28] Management's Comments on Operating Environment and Future Outlook - Management expects the second quarter to be the most impacted quarter of the year, with ongoing uncertainty in the operating environment [17] - Positive trends are emerging, with gradual recovery in volumes and client reopenings [60] - The company remains committed to long-term goals while navigating short-term disruptions [18][49] Other Important Information - Cash position at the end of the quarter was over MXN 43 billion, with a commitment to return cash to shareholders [26][47] - The company is focused on increasing the use of returnable packaging and recycled materials as part of its sustainability initiatives [121][123] Q&A Session Summary Question: July volume performance and channel insights - Management noted that July volumes are improving, with stabilization in most markets and growth in traditional trade channels [60][62] Question: Beer performance in Brazil - The company reported strong share gains in Brazil's beer market, consistent with Heineken's announcements [66] Question: Future capital allocation strategies - Management indicated a focus on maintaining dividends while exploring internal investment opportunities, particularly in returnable packaging [67][69] Question: Traditional channel long-term consequences - Management anticipates that a small percentage of traditional accounts may not reopen, but expects new smaller businesses to emerge [112] Question: Packaging development and environmental initiatives - The company is committed to increasing the use of recycled resin and expanding returnable packaging as part of its environmental strategy [121][123]
Coca-Cola FEMSA(KOF) - 2020 Q1 - Earnings Call Transcript
2020-04-29 20:01
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q1 2020 Earnings Conference Call April 29, 2020 9:00 AM ET Company Participants John Santa Maria - CEO Constantino Spas - CFO Conference Call Participants Ben Theurer - Barclays Lucas Ferreira - JPMorgan Carlos Laboy - HSBC Miguel Tortolero - GBM Alvaro Garcia - BTG Pactual Alan Alanis - Santander Operator Good morning, everyone, and welcome to Coca-Cola FEMSA First Quarter 2020 conference call. As a reminder, todayÂ's conference is being recorded, and all particip ...
Coca-Cola FEMSA(KOF) - 2019 Q4 - Annual Report
2020-04-17 21:24
As filed with the Securities and Exchange Commission on April 17, 2020. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 Commission file number 1-12260 Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Coca-Cola FEMSA, S.A.B. de ...
Coca-Cola FEMSA(KOF) - 2019 Q4 - Earnings Call Transcript
2020-02-26 20:30
Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) Q4 2019 Earnings Conference Call February 26, 2020 9:00 AM ET Company Participants John Santa Maria - Chief Executive Officer Constantino Spas - Chief Financial Officer Conference Call Participants Antonio Gonzales - Credit Suisse Benjamin Theurer - Barclays Felipe Ucros - Scotiabank Fernando Ferreira - Bank of America Luca Cipiccia - Goldman Sachs Miguel Tortolero - GBM Operator Good morning, everyone and welcome to the Coca-Cola FEMSA Fourth Quarter and Full Year ...