Fomento Económico Mexicano, S.A.B. de C.V.

Mexico Stock Exchange FEMSAUBD.MX

Fomento Económico Mexicano, S.A.B. de C.V. Gross Profit for the year ending December 31, 2023: USD 16.46 B

Fomento Económico Mexicano, S.A.B. de C.V. Gross Profit is USD 16.46 B for the year ending December 31, 2023, a 27.54% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Fomento Económico Mexicano, S.A.B. de C.V. Gross Profit for the year ending December 31, 2022 was USD 12.90 B, a 23.99% change year over year.
  • Fomento Económico Mexicano, S.A.B. de C.V. Gross Profit for the year ending December 31, 2021 was USD 10.41 B, a 9.19% change year over year.
  • Fomento Económico Mexicano, S.A.B. de C.V. Gross Profit for the year ending December 31, 2020 was USD 9.53 B, a -5.74% change year over year.
  • Fomento Económico Mexicano, S.A.B. de C.V. Gross Profit for the year ending December 31, 2019 was USD 10.11 B, a 13.30% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Mexico Stock Exchange: FEMSAUBD.MX

Fomento Económico Mexicano, S.A.B. de C.V.

CEO Mr. Jose Antonio Vicente Fernandez Carbajal
IPO Date Jan. 3, 2000
Location Mexico
Headquarters General Anaya Nº 601 Pte.
Employees 392,287
Sector Consumer Staples
Industries
Description

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of chillers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.

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StockViz Staff

January 15, 2025

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