Beer volumes in Mexico may recover, exports too

Beer volumes in Mexico may recover, exports too

MONTERREY, Mexico, Oct 26 (Mexico Beer News) – Mexican brewer and bottler FEMSA is expected to post a 29 percent jump in third-quarter net profit on the back of solid soft drink sales and expansion from its Oxxo convenience stores.

four analysts forecast that FEMSA
(FMSAUBD.MX) (FMX.N) earned, on average, 2.604 billion pesos
($193 million) in the July-September period, compared with
2.020 billion pesos in the same quarter of last year.

 "Once again, the commercial segment (Oxxo) and the drinks
unit (KOF) remain the most important operations supporting
solid figures," IXE brokerage said in a report.