FEMSA Announces Fourth Quarter 2025 Results

Core Insights - FEMSA reported a 5.7% increase in total consolidated revenues and an 8.5% rise in income from operations for the fourth quarter of 2025 compared to the same period in 2024 [7] - The company highlighted the positive sales trends in Mexico, particularly at OXXO, and noted the successful acquisition of full ownership of OXXO Brazil [6][7] - A restructuring effort is underway to create a more efficient corporate structure and align digital strategies with retail operations, expected to yield benefits in 2027 and beyond [8] Financial Performance - Total Revenues for FEMSA Consolidated grew by 5.7% in 4Q25 and 7.6% year-to-date [2] - Income from Operations increased by 8.5% in 4Q25 and 4.7% year-to-date [2] - Proximity Americas saw a revenue growth of 5.3% and income from operations increased by 7.7% compared to 4Q24 [7] Segment Performance - Proximity Europe experienced a revenue growth of 2.5% but a decline in gross profit by 10.5% in 4Q25 [2] - The Health division reported a significant drop in gross profit by 34.7% in 4Q25 [2] - Coca-Cola FEMSA's total revenues grew by 2.9% and income from operations increased by 13.3% compared to 4Q24 [7] User Engagement - Spin by OXXO had 10.5 million active users, representing a 22.0% growth compared to 4Q24 [7] - Spin Premia had 28.1 million active loyalty users, reflecting a 13.8% increase compared to 4Q24 [7] - The average tender at OXXO Mexico increased to 49.3% from 40.7% in 4Q24 [7] Strategic Outlook - The CEO expressed optimism about the company's growth potential and the resilience of its diversified platform despite challenges in the consumer environment and new taxes in Mexico [9] - The company aims to leverage its strong operational momentum to pursue an ambitious growth agenda in 2026 [9]