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Coca-Cola (NYSE:KO) FEMSA, S.A.B. de C.V. (BMV: KOFUBL; NYSE: KOF), known as the world's largest franchise bottler by sales volume, has filed its annual report for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (SEC). The Mexico-based company, which distributes Coca-Cola products and boasts a market capitalization of nearly $20 billion, announced the filing today, making the document available for investors on its website. According to InvestingPro analysis, the company appears slightly undervalued at its current price of $94.98, with impressive gross profit margins of 46%.
The report, which includes the company's audited financial statements, can be accessed through the Investor Relations section of Coca-Cola FEMSA's website. Shareholders interested in obtaining a physical copy of the report may request one at no cost from the Investor Relations team. The company is scheduled to release its next earnings report on April 23, 2025, with analysts maintaining a strong buy consensus, as revealed by InvestingPro data.
Coca-Cola FEMSA has a significant presence in the beverage industry, serving more than 276 million consumers with a diverse portfolio of products. The company employs over 93,000 people and delivers approximately 4.2 billion unit cases annually through a vast network of more than 2.2 million points of sale. With 56 manufacturing plants and 256 distribution centers, Coca-Cola FEMSA's operations span across multiple Latin American countries, including Mexico, Brazil, Guatemala, Colombia, Argentina, Costa Rica, Nicaragua, Panama, Uruguay, and Venezuela. This extensive network has helped drive impressive revenue growth of 14.2% in the last twelve months.
The company is recognized for its commitment to creating value that is not just economic but also social and environmental, for all stakeholders involved in its value chain. Coca-Cola FEMSA is part of several sustainability indices, reflecting its dedication to sustainable business practices.
This press release statement serves as the source of information for this news article. The filing with the SEC underscores Coca-Cola FEMSA's adherence to transparency and regulatory compliance, as it continues to navigate the global beverage market.
In other recent news, Coca-Cola FEMSA has announced the approval of its financial results for the year ending December 31, 2024, and a significant dividend payment. The approved cash dividend totals Ps. 15,462 million, equating to Ps. 7.36 per KOF UBL unit or Ps. 0.92 per share. This dividend will be distributed in four equal installments throughout 2025. The company's shareholders ratified the appointments of the Board of Directors and various committees for 2025. Additionally, Coca-Cola FEMSA proposed a similar dividend for 2025, pending approval at the upcoming annual shareholders' meeting. The company operates in multiple countries and serves over 272 million consumers with a workforce exceeding 104,000 employees. Coca-Cola FEMSA is also noted for its commitment to sustainable practices, being part of several ESG indices. These recent developments reflect the company's ongoing financial health and dedication to shareholder value.
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