Fitch Publishes Latin America Quarterly Beverage Trends for 3Q'15

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has published its Latin America Quarterly Beverage Trend report with 3Q'15 results.

'Third quarter 2015 volumes generally improved in most markets driven by non-CSD products,' said Cristina Madero, Associate Director at Fitch. 'Mexican consumer demand for beverages is improving but still weak. In Brazil companies reported volume contractions in the single-digits except for Grupo Embotellador Atic, which saw double-digit declines as it continues to restructure its Brazilian operations. AmBev's beer segment was the exception and posted a slight volume increase. Strong commercial efforts continue to drive volumes in Peru, Chile, and Argentina.'

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. ('BBB+'/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--Ambev S.A. ('WD'; ratings withdrawn in August 2015)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. ('A'/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 ￢ﾀﾓ 3Q15

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=877438

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View source version on businesswire.com: http://www.businesswire.com/news/home/20160204006493/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
Elizabeth Fogerty, +1-212-908-0526
[email protected]

Source: Fitch Ratings

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