Coca-Cola FEMSA, a Mexico-based producer, bottler and distributor of Coca-Cola products, has reported total revenues of MXN70.85bn ($5.62bn) for the six months ended 30 June 2013, up 0.7%, compared to total revenues of MXN70.35bn ($5.58bn) for the same period in 2012.

Total revenues for the second quarter (Q2) ended 30 June 2013 were MXN36.26bn ($2.87bn), constant with respect to 2012 values.

Gross profit increased 3.4% to MXN33.25bn ($2.63bn) for the year-to-date 2013 from MXN32.16bn ($2.55bn) in 2012.

In Q2 2013, the gross profit was MXN17.18bn ($1.36bn), as against the gross profit of MXN16.70bn ($1.32bn) for the comparable period last year.

Reported operating income reached MXN9.3bn ($738.3m) for the first six months of 2013, representing an increase of 2.3% from MXN9.093bn ($721.8m) in the same period in 2012.

Operating income for the Q2 increased from MXN4.7bn ($373.1m) in 2012 to MXN5.142bn ($408.2m) in 2013, an increase of 9.1%.

Coca-Cola FEMSA CEO Carlos Salazar Lomelin said amid a continued challenging consumer environment and increased exchange rate volatility, their operators delivered solid currency-neutral results and consolidated margin expansion, capitalizing on the diversified and balanced geographic footprint they have created over the past decade.

"We are pleased to enlarge our family of employees through the integration of Grupo Yoli’s franchise territories in Mexico and our recently announced agreement to acquire the Fluminense franchise territory in Brazil," Lomelin added.

"The transactions that we have performed underscore our continued commitment to focus on the opportunities arising in the Latin American beverage industry.

"As we look forward to the second half of the year, we are confident that our company has developed the skills and talent necessary to achieve our business plan and continue to create value for all of our stakeholders."