Fitch Publishes Latin America Quarterly Beverage Trends for 2Q'15

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has published its Latin America Quarterly Beverage Trend report with 2Q'15 results.

'During the second quarter of 2015 Latin America beverage companies' sales volumes improved in most markets,' said Cristina Madero, an Associate Director at Fitch. 'The macro environment in Brazil has deteriorated significantly since the 4Q'14 and weakened the consumer. Strong commercial efforts and favorable weather conditions have helped to lift sales volumes in Peru, Chile, and Argentina. Mexican consumer demand for beverages is improving but still weak.'

The report shows quarterly sales volume trends and key financial figures of certain Fitch-rated Latin American bottlers in Chile, Brazil, Argentina, Mexico and Peru beginning with the first quarter of 2013. Companies included are:

--Embotelladora Andina S.A. ('A-'/Outlook Stable)

--Compania Cervecerias Unidas ('AA+(cl)'/Outlook Stable)

--Coca-Cola FEMSA S.A.B. de C.V. ('A'/Outlook Stable)

--Ambev S.A. ('WD'; ratings withdrawn in August 2015)

--Arca Continental S.A.B. de C.V. ('AAA(mex)'/Outlook Stable)

--Grupo Embotellador Atic S.A. ('B+'/Outlook Negative)

--Corporacion Lindley S.A. ('BBB-'/Outlook Positive)

Additional information is available at 'www.fitchratings.com'.

Latin America Quarterly Beverage Trends - 2Q15 (Pressure on Volumes Lessens in Most Markets)

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=870633

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View source version on businesswire.com: http://www.businesswire.com/news/home/20151022006095/en/

Fitch Ratings
Cristina Madero
Associate Director
+1-312-368-2080
Fitch Ratings, Inc.
70 W. Madison St.
Chicago, IL 60602
or
Rogelio Gonzalez
Director
52 81 8399 9134
or
Media Relations:
Alyssa Castelli, New York, +1 212-908-0540
Email: [email protected]

Source: Fitch Ratings

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