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Arca Continental reports 50% increase in Net Income in 2Q2012
In consolidated results for the second quarter of 2012, the second largest Coca-Cola bottler in Latin America reported a 46 percent increase in net sales and 50 percent in net income.
Monterrey, Mexico, July 20, 2012 – Arca Continental, S.A.B. de C.V. (BMV: AC*), the second-largest Coca-Cola bottler in Latin America announced today its results for the second quarter (“2Q12”).
Financial highlights
| Data in million of Mexican Pesos | ||||||
| 2T212 | 2T11 | Jan-Jun '12 | Jan-Jun '11 | Variation % | ||
| Total beverage volume (MUC) | 356.7 | 266.9 | 34.0 | 656.7 | 452.3 | 45.2 |
| Net Sales | 14,786 | 10,129 | 46.0 | 27,137 | 17,355 | 56.4 |
| Net Income | 1,490 | 995 | 49.7 | 2,469 | 1,471 | 67.9 |
| EBITDA | 3,189 | 2,161 | 47.6 | 5,302 | 3,358 | 57.9 |
Total beverage volume includes jug water.
EBITDA= Operating income + Depreciation + Amortization + Non Recurring Expenses
Numbers expresed under International Financial Reporting Standard of IFRS
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