Fomento Economico Mexicano Reports 9.8% Year-over-Year Revenue Growth in Q3
Fomento Economico Mexicano (FMX) reported a strong third quarter, with total revenues rising 9.8% year-over-year to Ps. 235.6 billion. This growth was primarily fueled by robust performance across key segments, including Coca-Cola FEMSA, OXXO Mexico, Americas & Mobility, and the Health division. The company noted that while most regions performed well, these gains were partially offset by a decline in European operations. On an organic basis—excluding currency fluctuations and the consolidation of OXXO Brazil—revenue growth remained strong at 9.4%, indicating steady underlying demand across its core markets.
Topics: quarterly earnings revenue growth segment performance
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