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EBITDA grew 11.0% and revenue increased 16.5% in 2Q22

Monterrey, Mexico, July 22, 2022 – 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 2022 (“2Q22” and “6M22”).

 

Financial Highlights

 

2Q22 HIGHLIGHTS

  • - Net Sales reached Ps. 53,363 million, 16.5% higher than 2Q21.
  • - EBITDA was Ps. 10,436 million for a margin of 19.6%, up 11% versus 2Q21.
  • - Net Income totaled Ps. 4,222 million, up 34.9% for a margin of 7.9%.

 

6M22 HIGHLIGHTS

  • - Net Sales reached Ps. 99,428 million, representing an increase of 15.2% versus 6M21.
  • - EBITDA totaled Ps. 18,963 million for a margin of 19.1%, 11% higher than 6M21.
  • - Net Income increased 28% to Ps. 7,316 million for a margin of 7.4%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“By continuously improving the implementation of our commercial model, and with a clear focus on digital initiatives to enhance customer service at the point of sale, we grew net sales by 16.5% and net profit 34.9% in the quarter, reflecting the operating and financial discipline that we are known for, and the firm commitment of our associates in the face of a challenging environment,” said Arturo Gutiérrez, CEO of Arca Continental.

"In the second half of 2022, we will keep deploying innovative strategies in the marketplace to meet the needs of customers and consumers, as well as actions to support our communities, against the backdrop of high inflation and disruptions in the supply chain”, he added.

 

Download here the 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 96 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 125 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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