Fomento Economico Mexicano SAB de CV (NYSE:FMX)
$ 121.77 0.98 (0.81%) Market Cap: 217.86 Bil Enterprise Value: 219.02 Bil PE Ratio: 168.89 PB Ratio: 1.15 GF Score: 83/100

Fomento Economico Mexicano SAB de CV & Valora Holding AG Transaction International Call Transcript

Jul 05, 2022 / 01:00PM GMT
Release Date Price: $64.47 (-6.17%)
Operator

Ladies and gentlemen, welcome to the conference call of FEMSA and Valora's transformational alliance in the European convenience retail and food service space. I am Sandra, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Daniel Rodriguez, CEO of FEMSA. Please go ahead, sir.

Daniel Alberto RodrÃ;guez CofrÃ;Fomento Económico Mexicano
S.A.B. de C.V. - CEO

­©, -

Thank you very much. Good morning, and good afternoon to everyone. Welcome to today's joined FEMSA-Valora conference together with Salvador Alfaro, CFO of FEMSA Proximity Division; Juan Fonseca, Head of Investor Relations; and our colleagues from Valora, Michael Mueller, CEO of Valora; and Beat Fellmann, CFO of Valora. I'm very pleased to be able to present to you the rationale and advantages of this transaction. Together, we intend to become the European market leader in convenience stores and

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