| Business Summary | | Panamerican
Beverages,
Inc.,
a
soft
drink
bottler
in
Latin
America,
is
a
bottler
of
the
soft
drink
products
of
The
Coca-Cola
Company.
The
Company
also
produces
and
distributes
a
variety
of
flavored
soft
drinks
and
bottled
water
products
under
licensed
and
proprietary
trademarks
in
select
territories,
including
Canada
Dry
products
in
Costa
Rica
and
Schweppes
products
in
Venezuela.
The
Company
distributes
Kaiser
and
Heineken
beers
in
its
franchise
territories
in
Brazil.
The
Company
also
has
the
right
to
distribute
Regional
beer
throughout
most
of
Venezuela,
which
the
Company
began
distributing
in
the
northeast
of
Venezuela
in
early
1999.
The
Company
operates
in
Mexico,
Brazil,
Colombia,
Costa
Rica,
Venezuela,
Nicaragua
and
Guatemala.
Within
these
territories,
the
Company
has
the
exclusive
right
to
produce
and
distribute
substantially
all
of
The
Coca-Cola
Company's
soft
drink
products.
The
Company
has
almost
a
60-year
bottling
relationship
with
The
Coca-Cola
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Panamerican
Beverages
produces
and
distributes
Coca-cola
soft
drink
products
in
its
franchise
territories
in
Mexico,
Brazil,
Colombia,
Costa
Rica,
Venezuela,
Nicaragua,
and
Guatamala,
along
with
beer,
bottled
water
and
other
products.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$1.32
billion.
Net
income
totaled
$61.6
million
vs.
a
loss
of
$60
million.
Results
reflect
increased
unit
case
sales
volume
and
the
absence
of
a
$79.9
million
facility
reorganization
charge. | More
from
Market Guide: Significant
Developments |
| | |
| Position | William Cooling | Chairman,
CEO | Alejandro Jimenez, 49 | Pres,
COO | Henry Schimberg, 67 | Vice
Chairman | Paulo Sacchi, 53 | Sr.
VP, CFO, Treasurer | Annette Franqui | VP-Fin. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|