|
|
 |
|
Viewing report
|
|
|
|
BULLETIN: Coca-Cola Femsa S.A. de C.V. Posts 2001 Results Reflecting Predicted Strength
Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Abstract
Coca-Cola Femsa, S.A. de C.V.'s (BBB/Stable/--) reported that results for 2001 are in line with expectations and continue to show the company's strong business and financial fundamentals, with an EBITDA interest coverage of 15.4 times (x) and total debt to EBITDA of 0.6x. Standard & Poor's said the announcement would not affect its ratings on the Mexican-based company. Even under a difficult economic environment, Coca-Cola Femsa was able to increase its sales volume in its Buenos Aires, Argentina, territory by 6.9% during 2001, mainly as a result of volume growth of premium brands and the strong performance of value protection brands, as well as the company's past experiences in Mexico....
Companies mentioned in this report are: Coca-Cola Femsa, S.A.B. de C.V.
Action: S&P Event
|
|
|
|
