FEMSA Announces Third Quarter 2025 Results

Core Insights - FEMSA reported a 9.1% increase in total consolidated revenues and a 4.3% rise in income from operations for the third quarter of 2025 compared to the same period in 2024 [7] - The company experienced a modest sequential improvement in Mexico, despite facing a challenging consumption environment [4][5] - The diversified geographical presence helped mitigate softer trends in Mexico, with positive contributions from South America and Europe [5] Financial Performance - Total Revenues for FEMSA Consolidated grew by 9.1% in 3Q25 and 8.4% year-to-date [2] - Gross Profit increased by 8.0% in 3Q25 and 8.6% year-to-date [2] - Income from Operations rose by 4.3% in 3Q25 and 3.0% year-to-date [2] Segment Performance - Proximity Americas saw total revenues grow by 9.2% and income from operations increase by 7.1% compared to 3Q24 [7] - Proximity Europe reported a 10.1% increase in total revenues and a significant 29.1% rise in income from operations [2] - Coca-Cola FEMSA's total revenues and income from operations grew by 3.3% and 6.8%, respectively, against 3Q24 [7] User Engagement - Spin by OXXO had 9.9 million active users, representing a 20.5% growth compared to 3Q24 [7] - Spin Premia had 27.7 million active loyalty users, reflecting a 16.4% increase compared to 3Q24 [7] - The average tender at OXXO Mexico increased to 48.2% from 38.5% in 3Q24 [7] Future Outlook - The company is cautiously optimistic about continued improvement in results across business units in the fourth quarter of 2025 [6] - Anticipation for significant events in 2026, including the FIFA World Cup and Coca-Cola's 100th anniversary in Mexico, is noted [6]