Insight Report 2 minutes PremiumFemsa (FEMSAUBD) 4Q15 Results: FEMSA’s Revenues Increase, but Acquisitions and New Stores Hurt Margins Coresight Research February 24, 2016 Executive Summary In 4Q15, FEMSA Comercio split its fuel and retail divisions into two separate businesses. FEMSA Consolidated reported a 27.5% increase in revenue to MXN 89.5 billion and an 8.8% increase in operating income to MXN 10.6 billion in 4Q15. Organic growth was 7.6% and 4.1%, respectively. FEMSA’s Retail Division reported a 40.2% increase in 4Q15 revenues to MXN 40.4 billion, and operating income grew 32.2% to MXN 4.2 billion. Organic growth was 13.0% and 19.4%, respectively. The Retail Division continued to expand in 2015, opening 1,208 new OXXO stores and integrating Grupo Socofar. The company rotated its top talent in the beginning of 2016 to prepare for the difficulties it may face in the coming year with declining consumer demand in Brazil and the volatile foreign-exchange environment Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Costco Attracts Shoppers; The Travel Bug Spreads This Summer: US Consumer Survey Insights Extra10 Insights from The Lead Innovation Summit 2023: Winning in Retail Through Immersive Experiences and Genuine CareAnalyst Corner—Affiliate Advertising, with John Harmon: Another Channel for Brands and Retailers To Reach ConsumersGroceryshop 2024 Day One: Retail Media Is Not for All Retailers!
