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KOF/UBL: South America drove growth and margin gains, offsetting Mexico's tax-driven volume decline
KOF/UBL: South America drove growth and margin gains, offsetting Mexico's tax-driven volume decline
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First quarter 2026 delivered modest consolidated growth, with strong South America performance offsetting Mexico's volume decline due to tax and consumer headwinds. Margin expansion was achieved in most markets, while hedging and digital initiatives supported resilience.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.