|Bid||159.16 x 35700|
|Ask||159.54 x 1527200|
|Day's Range||158.01 - 161.02|
|52 Week Range||124.00 - 161.02|
|PE Ratio (TTM)||24.46|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Coca Cola Femsa S.A.B. de C.V. (KOF) has solid prospects and should make a valuable addition to your portfolio.
Mexico's Coca-Cola Femsa , the world's largest Coke bottler, said on Tuesday it has abandoned plans to acquire certain territories in the United States after thorough analysis and negotiations with The Coca Cola Company. Coca-Cola Femsa, a joint venture between Coca-Cola Co and Mexican bottler and retailer Fomento Economico Mexicano (Femsa), said it would continue evaluating acquisitions of other available territories operated by Coca-Cola's Bottling Investments Group.
Mexican bottler and retailer Fomento Economico Mexicano on Friday said its first-quarter net profit rose 9.7 percent year-on-year, below market expectations as a spike in electricity prices ate into a surge in sales. The Monterrey-based holding company, known as Femsa , said it earned 3.291 billion pesos ($175.7 million) in the quarter. Analysts had forecast 3.894 billion pesos, according to Thomson Reuters I/B/E/S.