UPDATE 1-Revenue increase nudges Mexico's Coke Femsa quarterly profit higher

martes 23 de febrero de 2016 09:51 GYT
 

(Adds details on revenue)

MEXICO CITY Feb 23 (Reuters) - Coca-Cola Femsa, Latin America's biggest Coke bottler, said on Tuesday that its fourth-quarter profit rose 1.5 percent, helped by higher revenue and slightly lower debt servicing costs.

The company reported a profit of 3.121 billion pesos ($181 million), compared with 3.075 billion pesos a year earlier.

Revenue rose 3 percent to 40.742 billion pesos, the company said.

Coke Femsa, which operates across Latin America and also in the Philippines, reported a slight drop in debt servicing costs to 2 billion pesos from 2.1 billion pesos.

($1 = 17.2120 pesos at end December) (Reporting by Elinor Comlay; Editing by Lisa Von Ahn)