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Mexico's Coca-Cola Femsa reports lower second-quarter profit
date:Jul 24, 2014
two bottlers in Brazil, Spaipa and Fluminense, and another Mexican bottler, Yoli.

Those acquisitions also helped quarterly operating profit rise 11.7 percent to 5.742 billion pesos from 5.142 billion pesos a year earlier.

Excluding those three acquisitions, however, sales volumes fell 1.5 percent. The company attributed that drop to price increases because of a new tax on sugary beverages in Mexico.

Sales of fizzy drinks in Mexico have slumped this year since the government introduced junk-fo

12/24 11:36