Business description: Fomento Económico Mexicano, S.A.B. de C.V.

Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.

Number of employees: 372,621

Sales by Activity: Fomento Económico Mexicano, S.A.B. de C.V.

Fiscal Period: December 2020 (MXN) 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN)

Americas Proximity Division

181B 199B 234B 279B 307B

Coca-Cola FEMSA

184B 195B 227B 245B 280B

Health Division

65.17B 73.03B 74.8B 75.36B 79.76B

Fuel Division

34.29B 39.92B 51.81B 58.5B 65.36B

Proximity Europe

- - 9.81B 43.55B 49.76B

Others

49.41B 21.75B 25.68B 56.88B 20.21B

Distribution and Logistics

- 48.41B 72.54B - -

Consolidation Adjustment

-20.8B -20.24B -22.13B -55.2B -20.49B
See all business segments

Geographical breakdown of sales: Fomento Económico Mexicano, S.A.B. de C.V.

Fiscal Period: December 2020 (MXN) 2021 (MXN) 2022 (MXN) 2023 (MXN) 2024 (MXN)

Mexico

321B 356B 419B 457B 503B

Brazil

62.76B 59.97B 70.74B 53.57B 81.86B

Central America

36.72B 37.65B 49.95B 117B 56.14B

Colombia

14.8B 17.55B 45.73B 57.43B 54.78B

Europe

- - 9.81B 43.55B 49.76B

Chile

47.21B 54.71B 35.42B 35.44B 34.26B

Argentina

5.53B 8.55B 11.03B 6.67B 10.99B

Ecuador

9.47B 9.08B 9.79B 8.99B 9.45B

Uruguay

3.12B 3.37B 3.89B 4.42B 5.82B

United States

12.26B 28.08B 49.7B 15M 3.73B

Other South America

1.2B 1.63B -9.54B -25.53B -7.92B

Consolidation Adjustments

-20.8B -20.24B -22.13B -55.2B -20.49B
See all geographic segments

Executive Committee: Fomento Económico Mexicano, S.A.B. de C.V.

Manager TitleAgeSince
Chief Executive Officer - 31/10/2025
Director of Finance/CFO 59 31/03/2024
Director of Finance/CFO 69 31/12/2005
Investor Relations Contact 63 31/12/2001
Corporate Officer/Principal - 31/10/2023
See FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. governance

Composition of the Board of Directors: Fomento Económico Mexicano, S.A.B. de C.V.

Director TitleAgeSince
Director/Board Member 67 31/12/1998
Director/Board Member 67 31/12/2010
Chairman 72 31/12/2000
Director/Board Member 55 31/12/2004
Director/Board Member 73 31/12/2005
Director/Board Member 63 31/12/2000
Director/Board Member 67 31/12/1997
Director/Board Member 75 31/12/2017
Director/Board Member 62 31/12/2019
Director/Board Member 66 26/04/2022
Composition of the Board of Directors

Shareholders: Fomento Económico Mexicano, S.A.B. de C.V.

NameEquities%Valuation
BBVA Asset Management Mexico SA de CV SOFI
0.5331 %
10,975,995 0.5331 % 111 M $
GBM Administradora de Activos, SA de CV SOSI
0.1905 %
3,922,642 0.1905 % 40 M $
State Street Global Advisors Ltd.
0.1794 %
3,693,153 0.1794 % 37 M $
Impulsora del Fondo México SC
0.1627 %
3,350,000 0.1627 % 34 M $
VIGM SA de CV Asesor en Inversiones Independiente
0.1518 %
3,125,559 0.1518 % 32 M $
NameEquities%Valuation
Cascade Investment Advisors, Inc.
12.9 %
557,746,980 12.9 % 5 642 M $
0.8034 %
34,725,090 0.8034 % 351 M $
0.3837 %
16,583,458 0.3837 % 168 M $
0.2777 %
12,003,874 0.2777 % 121 M $
0.2277 %
9,842,490 0.2277 % 100 M $
NameEquities%Valuation
Cascade Investment Advisors, Inc.
12.9 %
557,746,980 12.9 % 5 642 M $
0.8034 %
34,725,090 0.8034 % 351 M $
0.3837 %
16,583,458 0.3837 % 168 M $
0.2777 %
12,003,874 0.2777 % 121 M $
0.2277 %
9,842,490 0.2277 % 100 M $
NameEquities%Valuation
FEMSA Voting Trust
74.86 %
6,922,134,985 74.86 % 70 016 M $
Cascade Investment Advisors, Inc.
3.016 %
278,873,490 3.016 % 2 821 M $
0.2604 %
24,073,305 0.2604 % 243 M $
0.2315 %
21,401,156 0.2315 % 216 M $
0.1878 %
17,362,545 0.1878 % 176 M $
NameEquities%Valuation
First Eagle Investment Management LLC
6.074 %
12,507,215 6.074 % 1 264 M $
RBC Trust Co. Delaware Ltd.
2.935 %
6,043,232 2.935 % 611 M $
Harding Loevner LP
2.784 %
5,733,207 2.784 % 579 M $
Teachers Advisors LLC
1.827 %
3,762,161 1.827 % 380 M $
Fidelity Management & Research Co. LLC
1.727 %
3,556,632 1.727 % 359 M $
NameEquities%Valuation
Operadora Actinver SA de CV
0.003313 %
46,950 0.003313 % 393 002 $
List of FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. shareholders

Company details: Fomento Económico Mexicano, S.A.B. de C.V.

Fomento Economico Mexicano SAB de CV

General Anaya 601 Poniente

64410, Monterrey

+52 818 328 6000

http://www.femsa.com
address Fomento Económico Mexicano, S.A.B. de C.V.(FEMSA UBD)

Group companies: Fomento Económico Mexicano, S.A.B. de C.V.

NameCategory and Sector
Beverages: Non-Alcoholic
Beverages: Non-Alcoholic
Beverages: Non-Alcoholic
Beverages: Non-Alcoholic
See all subsidiaries

Supermarkets & Convenience Stores

Change 5d. change 1-year change 3-years change Capi.($)
+2.20%+4.64%+4.20%+20.85% 34.69B
+0.41%+4.88%-3.01%+15.99% 34.39B
-1.14%+5.43%+3.77%+13.03% 27.94B
+1.21%+8.97%+51.84%+195.65% 24.5B
-0.41%+1.79%+12.87%+19.40% 20.31B
+0.49%+2.46%+5.32%+4.29% 15.14B
0.00%0.00%-15.25%-23.08% 14.63B
-0.03%+7.30%+7.03%-15.02% 12.39B
+0.15%-.--%-.--%-.--% 11.82B
+1.66%+4.31%-13.79%+3.27% 10.76B
Average +0.45%+3.98%+5.30%+23.44% 20.66B
Weighted average by Cap. +0.52%+4.41%+7.14%+30.98%
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Trader
Investor
Global
Quality
ESG MSCI
-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
190.87MXN
Average target price
225.74MXN
Spread / Average Target
+18.27%
Consensus

Quarterly revenue - Rate of surprise

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