The manager was behind the transformation of Oxxo, which has 17,400 stores in Mexico, 79 in Chile and 80 in Colombia. Under his leadership, the company debuted in the pharmacy and fuels format.
Rodriguez arrives at a time when the Monterrey company is committed to digitizing some of its services, which allowed it to face the challenges due to the mobility limitations that COVID-19 brought with it. Added to this is the purchase of various companies to strengthen its quest to consolidate a distribution platform for health services in the United States.
In the second quarter of the year, the company posted solid financial results due to the good performance of all its business divisions. Among all of them, the recovery of its fuel business stands out, which benefited from greater mobility, bought in the same period of 2020, when the lack of vehicles on the streets hit the gas stations that the company operates under the Oxxo Gas brand. .
Femsa’s total revenues increased 19.7% in the second quarter of the year, compared to the same period of 2020, thanks to the recovery in consumption and after a relaxation in the measures to contain the pandemic, including operational restrictions.
The consolidated net income of the company increased to 5,255 million pesos, driven by higher operating income in all business units and an increase in the participation in the results of associates, mainly in Heineken.
The operating flow, or Ebitda, amounted to 21,349 million pesos, 41% more than in the second quarter of 2020.