EBITDA GREW 14.1% WITH REVENUE UP 6.7% IN 2Q21

 

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EBITDA GREW 14.1% WITH REVENUE UP 6.7% IN 2Q21

Monterrey, Mexico, July 16, 2021 – 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 2021 (“2Q21” and “6M21”).

 

2Q21

2Q21 HIGHLIGHTS

  • -Net Sales reached Ps. 45,808 million, up 6.7% when compared to 2Q20.
  • -EBITDA rose 14.1% to Ps. 9,399 million, for an EBITDA margin of 20.5%, up 130 basis points.
  • -Net Income reached Ps. 3,130 million, up 34.0% and representing a net margin of 6.8%.

 

6M21 HIGHLIGHTS

  • -Net Sales reached Ps. 86,282 million, representing an increase of 5.4%.
  • -EBITDA rose 14.9% to Ps. 17,081 million for margin of 19.8%, 160 basis points higher than in 6M20.
  • -Net Income grew 14.0% to Ps. 5,715 million, representing a net margin of 6.6%, up 50 basis points.

 

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“Thanks to our efforts to support customers during the pandemic, we capitalized on the recovery of consumption in key segments, as mobility restrictions and lockdowns were partially lifted, delivering sound financial results in the second quarter of 2021, with sales and EBITDA growing 6.7% and 14.1%, respectively,” said Arturo Gutiérrez, Chief Executive Officer of Arca Continental. 

 

“Our operational flexibility and the commitment of our associates were key factors to further improve our performance, adapting our portfolio to the needs of our customers and consumers, combined with a dynamic digital transformation. In the second half of the year, we will continue to face significant challenges in the market, and we are confident that our price-pack architecture, product portfolio, and financial discipline will continue to drive value creation,” he added.

 

Download the full report here.

 

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 95 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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