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EBITDA grew 9.4% with Revenue Up 7.1% in 4Q22

Monterrey, Mexico, February 9, 2023 – 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 2022 (“4Q22” and “12M22”).

 

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4Q22 HIGHLIGHTS

  • Net Sales were 7.1% higher than 4Q21, reaching Ps. 52,635 million.
  • EBITDA increased 9.4% to Ps. 9,983 million for a margin of 19.0%.
  • Net Income reached Ps. 3,956 million for an increase of 24.2% and a margin of 7.5%.

  • 12M22 HIGHLIGHTS
  • Net Sales grew 13.3% versus 12M21 to Ps. 207,785 million.
  • EBITDA totaled Ps. 39,622 million for a margin of 19.1%, 11.9% higher than 12M21.
  • Net Income increased 26.2% to Ps. 15,503 million for a margin of 7.5%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“In 2022 we surpassed Ps. 200 billion in annual net sales for the first time in our company’s history, closing the year at Ps. 207,785 billion, 13.3% higher than in 2021, with an 11.9% increase in EBITDA, as a result of the efforts and professionalism of our associates, who responded in an agile and effective manner to an environment of macroeconomic volatility, and, given every opportunity, boosted commercial execution with excellence, portfolio innovation and digitalization strategies to improve our service and attention to customers and consumers”, stated Arturo Gutiérrez, CEO of Arca Continental. 

 

“In 2023 we will continue implementing initiatives that create value and take advantage of the growth opportunities within our new collaboration framework with The Coca-Cola Company signed in 2022, including the expansion into new beverage categories while we advance on our route for sustainable growth, always seeking to make a positive difference in the communities we serve”, he added.

 

 

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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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