moment morning, Good discuss Relations Officer on our and Chief to Third for the much. very today FEMSA’s very It you everyone. you is Constantino us Coca-Cola With for results. XXXX Investor Financial are Jorge Director. Thank a Quarter call Collazo, today joining me important company. our Thank Spas,
We with cultural We towards our transformation, strategic accelerated and long progress objectives. key are substantial momentum. operating digitalization we and continue our term making
For solid revenues, and earnings the affecting delivered volume environment growth, volatile per share. coupled property incomes digit the quarter, our uncertain with and in business industries worldwide, our double despite growth
momentum is performance the our consistently by of all underscored healthy across Our volume territories. strong
pressures, adjustment substantially input in by to an continue costs. we the volume one-time previous year. our during mitigate XX operating Notably, increased While remain expanded for with effects margin margin driven record by points extraordinary basis we
framework Additionally, cooperation of new investment the streams, of roll-out explore leveraging strength advance Coca-Cola our improved significantly the to the our and the in market, operating enhanced strategy. digital increase revenue continue alignment Company; we with with
to in today FEMSA enabling transformation for then ideally opportunities to while business will has This over of capture During reflect the experienced Coca-Cola the are years. call of transformation years to the and results is our that continue I past opportunities many on review positioning many of us this quarter, the that significant come. the highlights us the capturing today, front five
company profound to highlights in to making you Constantino will through underscoring becoming the a first a social Closing division's successfully the in this our front, we history the commitment continue the Before consumer first Coca-Cola in finance, the price Americas with sustainable sector bonds, our our and Q&A of performance. community. on walk session, few System
with review results. our of a begin consolidated Let's
comparable coupled Our growth in growth with X.X% driven territories for by Uruguay, all of by most our extra grew America. mainly a This basis. and the driven on growth X% Growth Central consolidated was Guatemala, volumes has categories. volume Columbia our quarter double-digit volume in of Mexico, Brazil, Argentina, in and year-on-year been and solid
driven Our core grew sparkling in growth Brand beverage X.X% category Coca-Cola X.X% X%, and in by flavors.
sales consolidated compared growth evidencing ahead beverage our are level, category respectively. share by and categories. of all a pre-pandemic of the franchise we markets volumes water quarter in personal capabilities, of execution, to continue and XX.X%. up grewXX% across our across comparable XX% solid consistent Today, territories our is a and Indeed our Driven and point XXXX, third Additionally, our gaining territory. volume affordability sale relentless
the home to enabled supportability. provide us way and unmatched the executing occasions. initiatives to are market several way, consumption to home our with in at and win Thanks We from that have consumers
for the growth our inflationary single-serve mix more While been XX% single-serviced leveraging on reach the year with year, drive presentation. continue the coming that We initiatives to track case our ambitious of to remain pressures, slight from mixed volume has we growth. throughout single-served than
increased On sampling, Coca-Cola all This a of experience. innovation the success year, across again of consistent we the we XX.X% Sugar leveraging growth our highlight value continue front, and innovation Zero important with customer once territory. previous driver the as versus proposition
resilient line increased with initiatives, top environment, our revenues a on a consolidated comparable consumer basis. together of result total and a XX.X% As XX.X% our
did. revenue transition capabilities growth. and growth revenue spite initiatives marks to Mexican the resulting translation the decline currency Notably, In the of Columbia of that this devaluation Pesos. Our unfavorable an in we Pesos, management and Brazil primarily solid Heineken’s this and pricing we Argentine the drove in line portfolio top effect achieved beer solid [inaudible] beer volume, in last this performance from quarter in from
the transition in beer Sorry unfavorable Brazil. effect for
margin points. our our and increased contracted XX XX.X% basis Moving profit gross on, gross
Our higher pricing management materials and initiatives, growth revenue mitigate PET to and costs. sweetener continue favorable hedging raw strategies largely
operating XX basis of income to income XX.X% year-on-year an leading margin increased operating Our points. contraction
in on However, basis the by XX.X%. normalizing reflecting translation currency previous our expanded the a and M&A operating and have basis margin resiliency On income ability increased our operating one-time to efficiencies. team's income effects our by Brazil double recognized during would XX excluding comparable year, points, our effects, down expense
– increased our year-over-year, flow pardon, Finally, cash the for of margin resulting XX.X%. XX% our operating operating flow margins operating flow quarter in cash cash
Rica continue framework added active sales. and are In our with Company, that our provide with we purchasers, XX% monthly to than client summary, let monthly total is XX%. continue reaching than digital Mexico digit words, more of to you have our meaning buyers, me users have in-line In on previous to rollout In cooperation in million, In customers. we total XX,XXX platform. of approximately which we new Coca-Cola an base monthly Columbia, the reach Mexico, streams Digital partners. close more In done we of Brazil, multi-category XX%, active while reached digital, with XX% another we active update with base. XX,XXX revenues storage. in XXX,XXX coming consolidated buyer. and XXX,XXX commercial more an XXX,XXX our approximately Panama enhanced As – accelerating XX% with approximately revenues amounted than Consistent the our other and build-up close monthly September XXX,XXX on Costa and in calls, exploring new to level, added strategic we we omni-channel, of from client now revenue vision is $XXX our our total
the customer of strengthen pilot This week prove program as more a capability FEMSA and customers putting trade at Heineken selling Mexican center broader enabling we consumers always Heineken’s of We in in to satisfaction and do. the presence the FEMSA and to while traditional products, this channel, to everything began portfolio, are Coca-Cola our distribution encouraged the of aims that Irapuato. Coca-Cola the City pilot
this region, are that As program, FEMSA part not the portfolio by from currently products Coca-Cola serviced Heineken’s team. clients will in include portfolio, targeting pilot in Heineken's commercial traditional channel of the
that these allow continue necessary the expect pilot toward potential to advancing alliance to We future. will the us revenues in obtain insight and strategic the programs
the further the As of be details beginning pilot provided will course. this test, is in due
streamlining we acquisitions Brazil, Now, driving capabilities the by the on increasing that Uruguay. Guatemala I'd throughout Since cost deployed a on like efficiency this of to FEMSA initiatives, set efficiency strengthen invested organization. clerical our switch priorities, leveraging line base. the XXXX our Coca-Cola same experienced in in gears five has including time, our At ultimately we driving our growth capital. supports and we We and working reflect of continuous resulting significant transformation industry over business on years. focused in and our of accretive growth growth This ways and on strategic FEMSA focused Coca-Cola value to profitability and return new leading fueled and top program past
a being past our excellence, is the driven having double cultural the have six on an Over in DNA, and able operational people results on obsessive and been digits. that now first, focus mentality decisions. by years, an our clients The KPI consumers, take profound transformation agile putting to based owner’s a
challenging became conflicts socio-political our that region. during materialized achievements the throughout more Our
strengthen successfully business. to environment, order our core this focused pillars we in However, to navigate four are on
portfolio management. and First, revenue
progress our we with have and reduced calorie made territories, zero substantial our First, quantity.
XX.X% versus an the has XXXX. our to mix volume time XX.X% bottle. successful has this result, the increased refillable for a compared supported by same As impressive universal the as bottles At increased XXXX, rollout
in point in execution and focus execution but also only improving the not and recognized on capability. direct-to-market of coverage consistently the Second, increased for FEMSA Coca-Cola being cooler sale, share gain, its resulting
our recognized Guatemala as XXXX, Cup’ System three last due Guatemala’s the has its execution, been improvements example, years, team for ‘The and Best awarded Bottler For Co-ca-Cola and to historic have been consistency. store Excellence consecutive in
our key organization culture have people transformation. the Third, been and achieve to
inclusion, have of X% compared with significantly adverse new in XX%. reaching women in positions an women such leadership increase the as and advanced of the increase We in X% mix of level mix to an the the of company as in XXXX, on
to we taking direction. want be, the steps in we where are not are decisive we While right
from we our our Additionally, our industry above such have employee on efficiencies results. business reinvention outstanding organization benchmark ranks team's and organization Four, focus chain solid commitment our with to contributed to engagement, the supply to objectives. learn as the for through
the is more to Over which digital capabilities target transformed for transformation, years to achieve have past XX% this transformational steps: vision First, accelerate been than FEMSA’s sales, our ecosystem. to commercial chain. clear the model, value strive In three we we into we no close to of a continue order and have digitalized of million $XXX sustainable world set fundamental these Coca-Cola ahead it, the positive path original These as period. we our workflows of and followed achieve technology momentum through becoming a adopting to for that vision, preferred generated across our the
an we we of the acquirer, Second, right the ecosystem we full to initiatives achieve becoming becoming future. commercial confident are into I implementing short approach and a our with objectives the am are clear the now the ambition omni-channel multi-category that term as of year. end
Constantino We hand that, call have divisional I clear the on With results. to over objectives and will our to achieve the capability long-term to expand ambitions. our
