E-Malt.com News article: 1348

The Mexican brewer Femsa might report a 25% fall of its net profit for the second quarter, according to poll of analysts conducted by the Reuters news agency. Most said 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.

25 July, 2003