Company Fomento Económico Mexicano, S.A.B. de C.V.

Equities

FEMSA UBD

MXP320321310

Food Retail & Distribution

End-of-day quote Mexican S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
199.2 MXN -0.98% Intraday chart for Fomento Económico Mexicano, S.A.B. de C.V. -1.89% -9.85%

Business Summary

Fomento Economico Mexicano, S.A.B. de C.V. (FEMSA) is a holding company. The Company's segments are Coca-Cola FEMSA, FEMSA Comercio-Retail Division and FEMSA Comercio-Fuel Division. The Company conducts its operations through holding companies, such as Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (Coca-Cola FEMSA), which produces, distributes and sells beverages; FEMSA Comercio, S.A. de C.V. and subsidiaries (FEMSA Comercio), which consists of a Retail Division operating various small-format chain stores, and CB Equity LLP, which holds its equity investment in Heineken N.V., and Heineken Holding N.V. The Company's Coca-Cola FEMSA produces, markets, sells and distributes Coca-Cola trademark beverages through standard bottler agreements in certain territories in the countries, in which it operates. Coca-Cola FEMSA also sells bottled water products. FEMSA participates in the retail sector primarily through FEMSA Comercio.

Number of employees: 381,747

Sales per Business

MXN in Million2022Weight2023Weight Delta
Proximity
45.8 %
243,767 36.2 % 322,072 45.8 % +32.12%
Coca-Cola FEMSA
34.9 %
226,740 33.7 % 245,088 34.9 % +8.09%
Health
10.7 %
74,800 11.1 % 75,358 10.7 % +0.75%
Fuel
8.3 %
51,813 7.7 % 58,499 8.3 % +12.90%
Other
8.1 %
25,677 3.8 % 56,875 8.1 % +121.50%
Consolidation Adjustments
-7.9 %
-22,134 -3.3 % -55,200 -7.9 % +149.39%

Sales per region

MXN in Million2022Weight2023Weight Delta
Mexico
65.0 %
418,807 62.2 % 456,709 65.0 % +9.05%
Central America
16.6 %
49,952 7.4 % 116,629 16.6 % +133.48%
Colombia
8.2 %
45,733 6.8 % 57,432 8.2 % +25.58%
Consolidated Adjustments
-7.9 %
-22,134 -3.3 % -55,200 -7.9 % +149.39%
Brazil
7.6 %
70,737 10.5 % 53,573 7.6 % -24.26%
Europe
6.2 %
0 0.0 % 43,552 6.2 % -
Chile
5.0 %
35,423 5.3 % 35,437 5.0 % +0.04%
South America
-3.6 %
0 0.0 % -25,529 -3.6 % -
Ecuador
1.3 %
9,791 1.5 % 8,986 1.3 % -8.22%
Argentina
0.9 %
11,034 1.6 % 6,673 0.9 % -39.52%
Uruguay
0.6 %
3,886 0.6 % 4,415 0.6 % +13.61%
United States
0.0 %
49,704 7.4 % 15 0.0 % -99.97%

Managers

Managers TitleAgeSince
Chief Executive Officer 70 83-12-31
Director of Finance/CFO 57 Apr. 30
Chief Administrative Officer 67 99-12-31
Director/Board Member 61 00-12-31
Investor Relations Contact 61 01-12-31
Corporate Officer/Principal - -
Corporate Secretary 44 -
Corporate Officer/Principal - -
Corporate Officer/Principal 54 22-12-31
Corporate Officer/Principal 67 18-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 10-12-31
Director/Board Member 71 05-12-31
Director/Board Member 63 22-04-26
Chief Executive Officer 70 83-12-31
Director/Board Member 61 00-12-31
Director/Board Member 65 97-12-31
Director/Board Member 55 -
Director/Board Member 54 04-12-31
Director/Board Member 58 22-12-31
Director/Board Member 60 19-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 9,246,420,270 9,153,956,067 ( 99.00 %) 0 99.00 %
Stock B 0 8,644,711,080 8,558,263,969 ( 99.00 %) 0

Shareholders

NameEquities%Valuation
GBM Administradora de Activos, SA de CV SOSI
0.7405 %
15,910,275 0.7405 % 187 M $
BlackRock México Operadora SA de CV SOFI
0.5172 %
11,110,734 0.5172 % 131 M $
BBVA Bancomer Gestión S.A. de C.V. SOFI
0.3251 %
6,985,292 0.3251 % 82 M $
State Street Global Advisors Ltd.
0.2140 %
4,598,754 0.2140 % 54 M $
Sjunde AP-fonden
0.2120 %
4,553,904 0.2120 % 54 M $
Impulsora del Fondo México SC
0.1503 %
3,230,000 0.1503 % 38 M $
SAM Asset Management SA de CV SOFI
0.1497 %
3,216,453 0.1497 % 38 M $
Amundi Asset Management SA (Investment Management)
0.1332 %
2,862,128 0.1332 % 34 M $
Operadora Actinver SA de CV
0.1073 %
2,305,930 0.1073 % 27 M $
SURA Investment Management México SA de CV SOFI
0.1071 %
2,300,996 0.1071 % 27 M $
NameEquities%Valuation
Cascade Investment Advisors, Inc.
12.90 %
557,746,980 12.90 % 6 560 M $
34,725,090 0.8034 % 408 M $
16,583,458 0.3837 % 195 M $
12,003,874 0.2777 % 141 M $
9,842,490 0.2277 % 116 M $
5,630,960 0.1303 % 66 M $
5,470,960 0.1266 % 64 M $
5,330,960 0.1233 % 63 M $
5,330,960 0.1233 % 63 M $
4,536,592 0.1050 % 53 M $
NameEquities%Valuation
Russell Investments Ltd.
0.001091 %
23,450 0.001091 % 3 M $
Momentum Global Investment Management Ltd.
0.000321 %
6,887 0.000321 % 803 809 $
Dimensional Fund Advisors Ltd.
0.000019 %
403 0.000019 % 47 036 $
NameEquities%Valuation
Sava Infond DZU, doo
0.000105 %
4,500 0.000105 % 109 080 $
NameEquities%Valuation
Cascade Investment Advisors, Inc.
12.90 %
557,746,980 12.90 % 6 560 M $
34,725,090 0.8034 % 408 M $
16,583,458 0.3837 % 195 M $
12,003,874 0.2777 % 141 M $
9,842,490 0.2277 % 116 M $
5,630,960 0.1303 % 66 M $
5,470,960 0.1266 % 64 M $
5,330,960 0.1233 % 63 M $
5,330,960 0.1233 % 63 M $
4,536,592 0.1050 % 53 M $
NameEquities%Valuation
FEMSA Voting Trust
74.86 %
6,922,134,985 74.86 % 81 419 M $
Cascade Investment Advisors, Inc.
3.016 %
278,873,490 3.016 % 3 280 M $
24,073,305 0.2604 % 283 M $
21,401,156 0.2315 % 252 M $
17,362,545 0.1878 % 204 M $
9,095,762 0.0984 % 107 M $
8,389,104 0.0907 % 99 M $
2,877,990 0.0311 % 34 M $
2,832,490 0.0306 % 33 M $
2,727,990 0.0295 % 32 M $
NameEquities%Valuation
First Eagle Investment Management LLC
4.513 %
9,696,967 4.513 % 1 116 M $
Harding Loevner LP
2.416 %
5,189,889 2.416 % 597 M $
RBC Trust Co. Delaware Ltd.
2.373 %
5,097,897 2.373 % 587 M $
Baillie Gifford & Co.
1.947 %
4,183,454 1.947 % 482 M $
JPMorgan Investment Management, Inc.
1.931 %
4,147,619 1.931 % 477 M $
Schroder Investment Management North America Ltd.
1.424 %
3,058,969 1.424 % 352 M $
Teachers Advisors LLC
1.082 %
2,323,734 1.082 % 267 M $
abrdn Investments Ltd.
0.9886 %
2,124,006 0.9886 % 244 M $
Citigroup Global Markets, Inc. (Broker)
0.8667 %
1,861,957 0.8667 % 214 M $
Allspring Global Investments LLC
0.8589 %
1,845,317 0.8589 % 212 M $
NameEquities%Valuation
Operadora Actinver SA de CV
0.003305 %
46,828 0.003305 % 425 996 $

Holdings

NameEquities%Valuation
5,228,758 1.82% 422,388,692 $

Company contact information

Fomento Economico Mexicano SAB de CV

General Anaya 601 Poniente Colonia Bella Vista

64410, Monterrey

+52 818 328 6000

http://www.femsa.com
address Fomento Económico Mexicano, S.A.B. de C.V.(FEMSA UBD)

Group companies

NameCategory and Sector
Beverages: Non-Alcoholic
Beverages: Non-Alcoholic
Beverages: Non-Alcoholic
Food Distributors
Beverages: Non-Alcoholic
Food Distributors
Beverages: Non-Alcoholic
Financial Conglomerates
Netherlands Beer Partnership One CV
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