Mexican retail and beverage multinational FEMSA reported complete income of MXN 207.78 billion (€10.45 billion) for its first quarter of 2026, representing year-on-year development of 6.1%.
Consolidated web revenue rose by 97.3%, to MXN 17.64 billion (€0.89 billion).
Adjusted EBITDA reached MXN 28.13 billion (€1.41 billion), with an adjusted EBITDA margin of 13.5%.
Capex decreased by almost 30%, to MXN 6.19 billion (€0.31 billion), reflecting a decrease variety of new-store openings in Mexico, in comparison with the exceptionally excessive quantity recorded in early 2025.
Section Efficiency
OXXO Mexico’s small-format shops noticed income development of 8.3% and a 20.9% hike in working revenue, reflecting overhead discount and operational effectivity.
Through the quarter, OXXO Mexico elevated its retailer rely by 158.
Over the previous yr, the corporate has added a web complete of 888 shops, bringing the full rely to 24,455 as of 31 March 2026.
Complete income for the Americas & Mobility section went up by 12.9%.
Through the quarter, the comfort retailer base grew by 45 areas.
A web complete of 48 shops has been added over the previous 12 months, reaching a complete of 1,942.
In Europe, income elevated by 0.1% (1.5% on a currency-neutral foundation), reflecting increased gross sales from Swiss retail and shopper foodservice operations.
Nevertheless, this efficiency was partially offset by decrease gross sales in B2B and soft-traffic traits in German retail and foodservice operations.
Income at Coca-Cola FEMSA elevated by 1.1%, whereas its working revenue dipped by 2.3%.
Regardless of this, the division achieved document volumes in South America and Guatemala.
The well being section reported income development of 0.9%.
Digital monetary service Spin by OXXO reached 11 million lively customers (+22.3%), whereas Spin Premia loyalty customers grew to twenty-eight.4 million (+12.8%).
Outlook
CEO Jose Antonio Fernández Garza-Lagüera famous, “As we glance forward in direction of what we anticipate needs to be a robust summer season season, due partly to the World Cup, we proceed to love our present momentum throughout most of our enterprise models.
“We’re optimistic as we execute towards our long-term technique in pursuit of sustainable, worthwhile development, and regardless of the complicated worldwide macro-environment.”
