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    Emiliano Hernández Marvan • GBM

    Emiliano Hernández Marvan's questions to Fomento Economico Mexicano SAB de CV (FMX) leadership

    Emiliano Hernández Marvan's questions to Fomento Economico Mexicano SAB de CV (FMX) leadership • Q2 2025

    Question

    Emiliano Hernández Marvan from GBM asked about consumer demand trends in Europe and the strategy for organic expansion and banner conversion for the Valora business.

    Answer

    Director of IR Juan Fonseca explained that organic growth in Europe differs from Latin America, focusing more on converting existing stores and taking over operations for partners like gas stations. He highlighted the successful conversion of other banners, such as Deutsche Bahn stores in Germany, to the Avec format as a key growth lever, rather than relying on greenfield expansion.

    Ask Fintool Equity Research AI

    Emiliano Hernández Marvan's questions to Fomento Economico Mexicano SAB de CV (FMX) leadership • Q2 2025

    Question

    Emiliano Hernández Marvan inquired about the consumer demand environment in Europe and the strategy for Valora's organic expansion and banner conversions.

    Answer

    Director of IR Juan Fonseca explained that European organic growth differs from Latin America, focusing more on converting existing locations, such as taking over operations at gas stations or upgrading banners like the Deutsche Bahn stores to the successful Avec format, rather than primarily building new stores from scratch.

    Ask Fintool Equity Research AI