Quarterly ResultApr 29, 2026, 09:11 AM
KOF Q1 Revenue +1.1%; Operating Income -2.3%; Net Income -15.5%
AI Summary
Coca-Cola FEMSA reported mixed first-quarter 2026 results, with consolidated volume up 1.2% and revenue increasing 1.1% (6.0% currency neutral). However, operating income decreased 2.3% and majority net income fell 15.5%, primarily due to a softer consumer backdrop and excise tax increase in Mexico, coupled with higher financing costs. Strong performance in South America partially offset these headwinds. The company also announced a cash dividend payment and published its 2025 integrated annual report with advanced sustainability disclosures.
Key Highlights
- Consolidated volume increased 1.2% to 998.4 million unit cases.
- Total revenues rose 1.1% to Ps. 70,925 million (6.0% currency neutral).
- Operating income decreased 2.3% to Ps. 9,032 million (2.6% currency neutral).
- Majority net income fell 15.5% to Ps. 4,342 million.
- Mexico & Central America operating income decreased 17.4% to Ps. 4,461 million.
- South America operating income increased 18.8% to Ps. 4,571 million.
- Shareholders approved a cash dividend of Ps. 7.74 per KOF UBL unit for fiscal year 2025.
- Published 2025 integrated annual report with IFRS S1/S2 sustainability disclosures.