Rahi Parikh's questions to COCA COLA FEMSA SAB DE CV (KOF) leadership • Q2 2025
Question
Rahi Parikh, on behalf of Ben Theurer at Barclays, asked for details on beverage category volume changes in Mexico, particularly the performance of stills versus sparkling, and inquired about category focus in Mexico and Brazil following capacity additions.
Answer
IR Director Jorge Collazo Pereda explained that Mexico's sparkling category was more significantly impacted by unfavorable weather due to its link with on-the-go consumption. CEO Iain Craig García added that in Brazil, new capacity is primarily addressing gaps in CSD flavors and non-carbonated beverages, with teas and water in the South being the remaining areas for recovery.