Fomento Economico Mexicano Sab De Cv Units Cons. Of 5 ShsbBMV: FEMSA/UB

FEMSA/UB: Strong 2024 growth, major capital returns planned, but macro and labor headwinds persist

· Issued by Fomento Economico Mexicano Sab De Cv Units Cons. Of 5 Shsb

Double-digit growth and margin expansion in 2024 were driven by strong results in Proximity Americas and Coca-Cola FEMSA. Capital returns will accelerate in 2025–2026, with a two-year payout of MXN 107.5B planned, while macro headwinds and labor costs remain key risks.

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