Covering the Mexican Economy, Actinver Research

Actinver

Our product offering is based on award winning forecasts and a deep understanding of artificial intelligence tools. 
We cover the Mexican economy with in-depth sector and state knowledge, as well as the integration with the U.S., providing high added value studies. 
To provide comprehensive coverage, we analyze the main macroeconomic variables, sectors, indexes and market information. 
Through solid statistical and computational tools we generate targeted investment strategies for clients with advanced investment profiles such as pension funds, hedge funds and others.

Covering the Mexican Economy

Actinver Research

Actinver is a mexican leading financial group, that generates well being for individuals and companies through advisory services that provides investment management to maintain and grow their wealth.

Equity Bottom-Up

Fomento Economico Mexica-Ubd / Equity Bottom-Up

Fomento Economico Mexica-Ubd (FEMSAUBD MM)

<ul><li>Sales of P$208.3bn were 12.8% higher YoY, better than our estimates and consensus, driven by healthy growth across all segments, FX tailwinds, KOF’s solid results, and inorganic growth (4Q24 was the first full quarter reflecting the Delek acquisition).</li><li>SSS at Proximity Americas reached 3.8%, better vs 3Q24 and our estimates.</li><li>For the third consecutive quarter, nonetheless, traffic declined (2.8%), while ticket grew 6.8% YoY.</li></ul>

Sales of P$208.3bn were 12.8% higher YoY, better than our estimates and consensus, driven by healthy growth across all segments, FX tailwinds, KOF’s solid results, and inorganic growth (4Q24 was the first full quarter reflecting the Delek acquisition).SSS at Proximity Americas reached 3.8%, better vs 3Q24 and our estimates.For the third consecutive quarter, nonetheless, traffic declined (2.8%), while ticket grew 6.8% YoY.

Fomento Economico Mexica-Ubd - Actinver Research - FEMSA 4Q24: Better than expected (Quick View)