date:Jul 27, 2012
ongoing currency and commodity volatility.
Mexico and Central American operating income rose 4.6% to Ps. 2,656m but excluding the integration of Grupo Tampico, Grupo CIMSA and Grupo Fomento Queretrano, fell 9.6% on Q2 2011.
Still beverage volume sales grew 6% (driven by Jugos del Valle, Fuze Tea and Estrella Azul lines) and sparkling water 1%, but FEMSA suffered an 8% decline in its regional bottled water portfolio.
Dairy diversity beyond carbonates
South America operating income rose 12.2%