• SELECT SITE CURRENCY
Select a currency for use throughout the site
Industry Report Card: Despite Rising Inflation, Latin American Consumer Goods Producers Should Remain Stable In 2011 May 11
Standard & Poors, May 2011
Although rising inflation is encroaching on Latin American consumer goods companies, we expect ratings to remain somewhat stable in 2011 because of strong demand, good capital markets, and cost cutting initiatives. (Listen to the related podcast titled, "Why Inflation Won-t Destabilize Latin American Consumer Goods Companies," dated June 2, 2011.) Most producers, especially companies that have a strong market position and portfolio, have been able to pass the rising costs on to their customers. Companies have also become more efficient and lessened expenses to maintain acceptable margins. Decreasing unemployment rates, rising available income and consumer confidence, and higher consumer spending are also contributing to our stable outlook by enhancing demand in domestic markets. We expect strong demand in 2011, which...
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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
- Kimberly-Clark de Mexico S.A.B. de C.V.
- Controladora Mabe, S.A. de C.V.
- Grupo Bimbo S.A.B. de C.V.
- Coca-Cola Femsa S.A.B. de C.V.
- GRUMA S.A.B. de C.V.
- AmBev - Companhia de Bebidas das Americas
- Grupo Herdez S.A.B. de C.V.
- Sigma Alimentos S.A. de C.V.
- Grupo Gepp S.A.P.I. de C. V.
- ARCA Continental S.A.B. de C.V.
- Grupo Viz S.A. de C.V.
- JBS S.A.
- Cosan S.A. Industria e Comercio
- Grupo Papelero Scribe S. A. de C. V.
- Minerva S.A.
- Cerveceria Nacional Dominicana S.A.
- J. Macedo S.A.
- BRF Brasil Foods S.A.
- Santher-Fabrica de Papel Santa Therezinha S.A.
- Camil Alimentos S.A.
- Natura Cosmeticos S.A.
- Hypermarcas S.A.
- Ceagro Agricola
- Marfrig Alimentos S.A.