EBITDA grew 7.3% with Net Sales up 4.1% in 2Q19

EBITDA grew 7.3% with Net Sales up 4.1% in 2Q19

 

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EBITDA grew 7.3% with Net Sales up 4.1% in 2Q19

Monterrey, Mexico, July 19, 2019 – Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the second quarter and first half of 2019 (“2Q19” and “6M19”).

2q 19

 

2Q19 HIGHLIGHTS

  • -Net Sales increased 4.1% when compared to 2Q18, to Ps. 41,982 million.
  • -EBITDA reached Ps. 8,091 million with a margin of 19.3%, an increase of 7.3% when compared to 2Q18.
  • -Net Income was Ps. 2,818 million, an increase of 5.2% for a margin of 6.7%

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“The constant drive in the various commercial initiatives aimed at perfecting our market service, helped us increase our top line by 4.1%. This, in addition to the proper execution of our efficiency plans, was also reflected in 7.3% EBITDA growth, and an expansion of our EBITDA margin for the second consecutive quarter”, stated Arturo Gutiérrez, Chief Executive Officer of Arca Continental.

 

“With the goal of continuing to recover the growth dynamic in our sales and strengthening the creation of value for our investors, in the second half of the year we will keep deploying our digital initiatives at the point of sale, improving execution and increasing our product and service offering for our customers and consumers, while maintaining strict controls in all our operations.”

 

Download the full report here

 

About Arca Continental
Arca Continental produces, distributes, and markets non-alcoholic beverages under The Coca-Cola Company brand, as well as snacks under the Bokados brand in Mexico, Inalecsa in Ecuador, and Wise and Deep River in the United States. With an outstanding history spanning 93 years, Arca Continental is the second-largest Coca-Cola bottler in Latin America, and one of the largest in the world. Through its Coca-Cola franchise, the company serves more than 123 million people in the Northern and Western regions in Mexico, as well as in Ecuador, Peru, in the Northern region of Argentina, and in the Southwestern United States. Arca Continental is listed on the Mexican Stock Exchange under the ticker “AC”. For more information about Arca Continental, please visit www.arcacontal.com

 

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