Defense Expenditure in Romania to 2015 - Industry Dynamics and Competitive Landscape: Market Profile
- Published: August 2011
- Region: Romania
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: Full Analysis
Strong soft-drink market presence Coca-Cola Co.'s equity participation Strategic importance to the Coke system Highly competitive environment Foreign currency exposure The ratings for Coca-Cola FEMSA S.A. de C.V. (KOF) reflect the company's strong soft-drink market presence in its franchise territories in Latin America, relative cash flow diversification, Coca-Cola Co.'s (KO) equity participation in KOF, and the company's strategic importance to the Coke system in Latin America. These factors are partially offset by a highly competitive environment, KOF's moderately aggressive financial profile, and foreign currency exposure related to its dollar-denominated debt. As the largest soft-drink bottler in Latin America and the second-largest worldwide, KOF represents approximately 50% of KO's sales volume in Mexico, 40% in Latin America, and 10% worldwide. The...
Companies mentioned in this report are: Coca-Cola Femsa, S.A.B. de C.V.,Panamerican Beverages, Inc.,Panamco Mexico, S.A. de C.V.,FEMSA Cerveza, S.A. de C.V.
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Coca-Cola Femsa, S.A.B. de C.V.,Panamerican Beverages, Inc.,Panamco Mexico, S.A. de C.V.,FEMSA Cerveza, S.A. de C.V.