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FEMSA Files 2022 SEC Annual Report

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Fomento Económico Mexicano, S.A.B. de C.V. (FMX) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the U.S. SEC and the Comisión Nacional Bancaria y de Valores in Mexico. These reports detail FEMSA's audited financial statements and are accessible on their investor relations website. FEMSA operates across various sectors, primarily in retail through its Proximity Division, which includes OXXO and OXXO Gas stores, and the Health Division, comprising drugstores. In the beverage sector, it holds a significant stake in Coca-Cola FEMSA and Heineken. The company employs over 350,000 people across 18 countries and is recognized for its sustainability efforts.

Positive
  • FEMSA filed its annual report on time with the SEC and Mexican authorities, reflecting compliance and transparency.
  • The company operates multiple successful business divisions, including the leading OXXO retail chain and Coca-Cola FEMSA, enhancing its market presence.
  • FEMSA employs over 350,000 individuals, indicating significant economic impact and job creation.
Negative
  • None.

MONTERREY, Mexico, April 24, 2023 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the U.S. Securities and Exchange Commission (SEC) and its annual report, for the same period, with the Comisión Nacional Bancaria y de Valores (Mexican Banking and Securities Commission) and the Bolsa Mexicana de Valores (Mexican Stock Exchange).

These reports are available on FEMSA's investor relations website at http://ir.femsa.com.

Shareholders may receive a hard copy of the report, which includes FEMSA’s audited financial statements, free of charge through the contact listed below.

About FEMSA
FEMSA is a company that creates economic and social value through companies and institutions and strives to be the best employer and neighbor to the communities in which it operates. It participates in the retail industry through a Proximity Division operating OXXO, a small-format store chain, OXXO Gas, a chain of retail service stations, and Valora, an operator of convenience and foodvenience formats present in 5 countries in Europe. In the retail industry it also participates though a Health Division, which includes drugstores and related activities and Digital@FEMSA, which includes Spin by OXXO and OXXO Premia, among other loyalty and digital financial services initiatives. In the beverage industry, it participates through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world by volume; and in the beer industry, as the second largest shareholder of Heineken, one of the world’s leading brewers with operations in over 70 countries. FEMSA also participates in the logistics and distribution industry through its Strategic Business Unit, which additionally provides point-of-sale refrigeration and plastic solutions to its business units and third-party clients. Across its business units, FEMSA has more than 350,000 employees in 18 countries. FEMSA is a member of the Dow Jones Sustainability MILA Pacific Alliance, the FTSE4Good Emerging Index and the Mexican Stock Exchange Sustainability Index: S&P/BMV Total México ESG, among other indexes that evaluate its sustainability performance.


FAQ

What is the latest financial update for FMX?

FEMSA filed its annual report for the fiscal year ending December 31, 2022, detailing its financial performance.

Where can I access FEMSA's annual report?

FEMSA's annual report is available on their investor relations website.

What sectors does FMX operate in?

FEMSA operates in retail, beverages, health, and logistics.

How many employees does FEMSA have?

FEMSA employs over 350,000 individuals across 18 countries.

What sustainability indexes is FMX part of?

FEMSA is a member of several sustainability indexes, including the Dow Jones Sustainability MILA Pacific Alliance.

FOMENTO ECONOMICO MEXICANO, S.A.B. DE C.V.

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Beverages - Brewers
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United States of America
Monterrey