Press Releases

Home/Press Center/Press Releases/Arca Continental reports growth of 4.3% in total volume and 7% in EBITDA in 2023

Arca Continental reports growth of 4.3% in total volume and 7% in EBITDA in 2023

Monterrey, Mexico, February 8, 2024 – 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 fourth quarter and full year of 2023 (“4Q23” and “12M23”).

 

Table 1: Financial Highlights

Chart 4Q23

 

4Q23 HIGHLIGHTS

    • - Net Sales decreased 5.0% when compared to 4Q22, to Ps. 49,986 million.
    • - EBITDA grew 0.2% to Ps.10,008 million, for a margin of 20%.
    • - Net Income totaled Ps. 4,544 million, up 14.8%, reaching a margin of 9.1%.

 

12M23 HIGHLIGHTS

  • - Net Sales reached Ps. 213,632 million, 2.8% higher than 12M22.
  • - EBITDA totaled Ps. 42,382 million, 7% higher than in 4Q22, for a margin of 19.8%.
  • - Net Income grew 12.9% to Ps. 17,504 million for a margin of 8.2%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

"During 2023, the company achieved a new all-time high in Consolidated Volume, surpassing 2,400 MUC. Annual Net Sales exceeded Ps. 200 billion, reaching Ps. 213,632 million, marking a 2.8% increase over the previous year. Additionally, the company achieved a 7% increase in EBITDA with a margin of 19.8%," said Arturo Gutiérrez, CEO of Arca Continental.

"The commitment and professionalism of our associates to achieve these results will strengthen the long-term sustainable growth path this year, drive the continuous evolution of our commercial and point-of-sale execution capabilities, as well as accelerate the capture of new avenues of value, our digital transformation, and the constant development of our team," Gutiérrez added.

 

DOWNLOAD HERE FULL REPORT

 

About Arca Continental

Arca Continental produces, distributes, and markets 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 more than 97 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 128 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

 

  • Arca Continental Induction

    Getting to know Arca Continental

  • 2019 Sustainability Day

    2019 Sustainability Day Results