Coca-Cola FEMSA, S.A.B. de C.V: 2009 First Quarter Results

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MEXICO CITY--(MARKET WIRE)--Apr 29, 2009 -- Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL) (KOF - News) ("Coca-Cola FEMSA" or the "Company"), the largest Coca-Cola bottler in Latin America and the second-largest Coca-Cola bottler in the world in terms of sales volume, announces results for the first quarter of 2009.

 
--  Total revenues reached Ps. 22,526 million in the first quarter of
    2009, an increase of 30.5% compared to the first quarter of 2008; the
    acquisition of Refrigerantes Minas Gerais ("REMIL") contributed more than
    25% of this growth.
--  Consolidated operating income grew 17.3% to Ps. 3,305 million for the
    first quarter of 2009, mainly driven by double-digit operating income
    growth recorded in our Mercosur and Latincentro divisions. Our operating
    margin reached 14.7% for the first quarter of 2009.
--  Consolidated majority net income decreased 18.1% to Ps. 1,327 million
    in the first quarter of 2009, mainly reflecting the devaluation of the
    Mexican peso as applied to our U.S. dollar-denominated net debt, resulting
    in earnings per share of Ps. 0.72 in the first quarter of 2009.

"Our Company achieved healthy top- and bottom-line results for the quarter, growing volumes, revenues and EBITDA by 7, 30 and 20 percent respectively. Among other factors, we benefited from the consolidation of our REMIL franchise territory in Brazil, the continued successful rollout of the Jugos del Valle line of juice-based beverages in Mexico, Colombia and Central America, and organic growth. We have the flexibility to adapt our business through initiatives that sustain our cash flow and meet our strategic objectives. Importantly, our company is in a very strong financial position as exemplified by the dividends of more than 1.3 billion Mexican pesos that we paid our shareholders in the month of April," said Carlos Salazar Lomelin, Chief Executive Officer of the Company.

CONFERENCE CALL INFORMATION

Our first quarter 2009 Conference Call will be held on: April 29, 2009, at 11:00 A.M. Eastern Time (10:00 A.M. Mexico City Time). To participate in the conference call, please dial: Domestic U.S.: 866-700-7477 or International: 617-213-8840. We invite investors to listen to the live audiocast of the conference call on the Company's website, www.coca-colafemsa.com

If you are unable to participate live, an instant replay of the conference call will be available through May 6, 2009. To listen to the replay, please dial: Domestic U.S.: 888-286-8010 or International: 617-801-6888. Pass code: 48063967.

Coca-Cola FEMSA, S.A.B. de C.V. produces and distributes Coca-Cola, Sprite, Fanta, Lift and other trademark beverages of The Coca-Cola Company in Mexico (a substantial part of central Mexico, including Mexico City and southeast Mexico), Guatemala (Guatemala City and surrounding areas), Nicaragua (nationwide), Costa Rica (nationwide), Panama (nationwide), Colombia (most of the country), Venezuela (nationwide), Brazil (greater São Paulo, Campiñas, Santos, the state of Mato Grosso do Sul, part of the state of Goias and Minas Gerais) and Argentina (federal capital of Buenos Aires and surrounding areas), along with bottled water, beer and other beverages in some of these territories. The Company has 30 bottling facilities in Latin America and serves over 1,500,000 retailers in the region. The Coca-Cola Company owns a 31.6% equity interest in Coca-Cola FEMSA.

Please click on this link to view the full version of the Press Release on our Web Site http://www.coca-colafemsa.com

     Roland Karig
     Investor Relations KOF
     +52-55-50-81-51-86
     Email Contact
     http://www.coca-colafemsa.com