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April 21, 2015 11:12 AM ET

Beverages

Company Overview of Grupo Modelo, S.A.B. de C.V.

Company Overview

Grupo Modelo, S. A. B. de C. V., together with its subsidiaries, is engaged in the production, distribution, and marketing of beer. The company brews and distributes beer under Corona Extra, Barrilito, Corona Light, Estrella, León, Modelo Especial, Modelo Light, Montejo, Negra Modelo, Pacífico, Pacífico Light, Tropical Light, Ideal Azabache, Ideal As de Oros, and Victoria brands. It also imports and distributes Budweiser, Bud Light, O'Doul's, Tsingtao, and Carlsberg beer brands; and produces and distributes bottled water under Gerber, Nestlé Pureza Vital, Perrier, Sta. María, and S. Pellegrino brands. The company sells its products in Mexico, as well as exports to approximately 180 countries...

Javier Barros Sierra 555

Col. Zedec Santa Fe

Mexico, DF 01210

Mexico

Founded in 1925

Key Executives for Grupo Modelo, S.A.B. de C.V.

Grupo Modelo, S.A.B. de C.V. does not have any Key Executives recorded.

Grupo Modelo, S.A.B. de C.V. Key Developments

Grupo Modelo, S.A.B. de C.V. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2013; Reports Operating Results for the Second Quarter and Six Months Ended June 30, 2013

Grupo Modelo, S.A.B. de C.V. reported consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported net majority income of MXN 36,670 million on net sales of MXN 26,942 million compared to net majority income of MXN 3,635 million on net sales of MXN 28,109 million for the same period of last year. Operating income was MXN 51,822 million compared to MXN 7,622 million for the same period of last year. Consolidated net income was MXN 35,291 million compared to MXN 5,705 million for the same period of last year. For the six months, the company reported net majority income of MXN 39,135 million on net sales of MXN 48,923 million compared to net majority income of MXN 5,898 million on net sales of MXN 49,370 million for the same period of last year. Operating income was MXN 57,648 million compared to MXN 12,820 million for the same period of last year. Consolidated net income was MXN 39,190 million compared to MXN 9,211 million for the same period of last year. During the second quarter, total beer sales were 14.956 million hectoliters compared to 15.672 million hectoliters for the same period last year. During the first semester 2013, total beer volume decreased 2.0% and reached to 27.548 million hectoliters, compared to 28.104 million hectoliters in the same period of 2012.

Grupo Modelo, S.A.B. de C.V.(BMV:GMODELO C) dropped from Mexico IMEBZ Index

Grupo Modelo, S.A.B. de C.V. will be removed from Mexico IMEBZ Index.

Grupo Modelo, S.A.B. de C.V.(BMV:GMODELO C) dropped from Mexico IPC Index

Grupo Modelo, S.A.B. de C.V. will be removed from Mexico IPC Index.

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