The Mexican-based soft drink bottler and brewer Femsa is to post a 25% fall in second quarter net profit, according to poll of analysts conducted by the news agency Reuters.
The consensus was that Femsa would see net profit of 1.079 billion pesos (US$103m) down from 1.434 billion pesos a year earlier.
The cost of financing the acquisition of Panamerican Beverages(Panamco) and Panamco’s weaker profitability were blamed for the fall.
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