GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fomento Economico Mexicano SAB de CV (BSP:FMXB34) » Definitions » Interest Paid

Fomento Economico MexicanoB de CV (BSP:FMXB34) Interest Paid


View and export this data going back to 2015. Start your Free Trial

What is Fomento Economico MexicanoB de CV Interest Paid?

Interest Paid only applicable to companies reporting Cash Flow from Operations in direct method.


Fomento Economico MexicanoB de CV Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.