After the quarterly results, BBVA’s stock market analysis team updated its valuation model for Coca Cola Femsa (KOF) and Arca Continental, and in general considered that both issuers look attractive given the combination of the current valuation that in general could seem tall, although attractive in certain parameters; They are positioned as a safe haven in an environment with more uncertainty in the short term; considers greater market share and positive prospects for per capita consumption; and the long-term benefits of nearshoring. And in this context, BBVA reiterated its Outperform recommendation for KOF with a target price that improved to 193 pesos from 171.50 pesos; while for Arca Continental it reduced its recommendation to Market Perform from Outperform, and a target price of 201 pesos against 206 pesos previously.
Welcome!
Sky announced that its entire base of residential subscribers of its Sky, Sky+ and Sky Prepaid packages, contracted in Mexico will have access to the UEFA Euro 2024 matches, taking place in Germany from June 14 to July 14, and prior to arrival of the final phase of the most relevant tournament in European football, Sky has also been broadcasting since yesterday the matches of the UEFA European Qualifiers – Playoffs, in which 12 teams will compete to obtain one of the last three tickets in the football competition. The 51 UEFA Euro 2024 matches that will be played by 24 national teams will be available to all Sky residential users and through Sky+, in its basic and premium packages, with the possibility of connecting on any mobile device through the Sky+ app.
Strategic position
The powerful global consulting firm Roland Berger is positioning itself in the local market where it has had a presence for several years, although it only opened its office in Mexico in May of last year under the leadership of the experienced Gilberto Lozano. And of the vast portfolio of sectors it analyzes, Roland Berger México, placed an initial emphasis on the automotive sector, sustainability and consumption, and from this last segment it published “Inside the Mind of Mexican Consumers”, which identified consumer trends and strategies. that companies deploy to improve their competitiveness. For example, 88% of consumers trust physical stores more than online stores, among many other conclusions.
Air connection
Very productive was the participation of the Los Cabos Tourism Trust, directed by Rodrigo Esponda, in the Routes Americas event that was held in Bogotá, Colombia. One of the priorities is to continue stimulating connectivity to the destination with primary and secondary markets, and the Trust held 15 business meetings with renowned airlines such as American Airlines, Avoris, Delta, COPA and TUI, thus reinforcing its position as a preferred tourist destination. .
@robertoah
2024-03-22 11:00:00
#Corporate #Moment #BBVA #refreshing #future #bottling #companies #Sol #México
