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With an investment of close to Ps. 300 million, Arca Continental’s snacks business in Mexico begins the installation and equipping of its third production center in the country to increase its brand presence and national coverage.
Investments planned to increase production capacity and consolidate its commercial leadership. Financial position was strengthened in 2016 by improving leverage ratio and reducing its exposure to U.S. dollars
In the first 9 months of the year, Net sales reached Ps. 68,772 million, 27.3% higher when compared to 9M15, EBITDA reached Ps. 14,929 million, or 24.8% above 9M15, and Net income rose 27% to Ps. 7,102 million, representing a net margin of 10.3%.
Date: Wednesday, October 19, 2016. 10:00 hrs. Mexico/Monterrey Time. 11:00 hrs. New York Time.
Arca Continental is continuing to work toward a definitive agreement with The Coca-Cola Company for bottling of territory in a large portion of the Southwest United States, including Texas and parts of Oklahoma, New Mexico and Arkansas.
AC reports Net Sales by Ps. 23,071 million and Ps. 5,317 million in EBITDA in 2Q16.
Date: Monday, July 18, 2016. 10:00 hrs. Mexico/Monterrey Time. 11:00 hrs. New York Time.
Joint venture between new Arca Continental Beverages Business in the United States and Coca-Cola Bottling Company UNITED to operate territories in Texas and parts of Oklahoma, New Mexico and Arkansas
Net sales reached Ps. 21,274 million, 39.3% higher when compared to 1Q15. EBITDA totaled Ps. 4,281 million, 44.6% above 1Q15 and at a margin of 20.1%.
Bottler announces investment increase to fortify the market and operations throughout its territories. Seeks new and profitable growth opportunities in the region.