NET SALES GREW 6.7% WITH EBITDA UP 11.4% IN 3Q19

 

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NET SALES GREW 6.7% WITH EBITDA UP 11.4% IN 3Q19

Monterrey, Mexico, October 25, 2019 – 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 third quarter and nine months of 2019 (“3Q19” and “9M19”).

 3Q19_ENG

3Q19 HIGHLIGHTS

  • -Net Sales increased 6.7% when compared to 3Q18, to Ps. 42,415 million.
  • -EBITDA reached Ps. 8,024 million with a margin of 18.9%, up 11.4% when compared to 3Q18.
  • -Net Income increased 15.5% for a margin of 6.4% to reach Ps. 2,733 million.

 

 

9M19 HIGHLIGHTS

  • -Net Sales reached Ps. 121,319 million representing an increase of 4.4%.
  • -EBITDA reached Ps. 22,387 million representing a margin of 18.5%.
  • -Net Income grew 13.8% to Ps. 7,252 million for a margin of 6%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“The deployment of our digital initiatives and operating discipline, combined with our flexible price/pack architecture, enabled us to increase our sales by 6.7% in the third quarter, with significant growth in operating cash flow (“EBITDA”) of 11.4%”, stated Arturo Gutiérrez, Chief Executive Officer of Arca Continental.

 

“Seeking to have a solid close to the year, we will continue to focus on strengthening our customer and consumer ties as an important part of our priorities, supported by innovation, continuous improvement of commercial strategies and the commitment of our team to be the leaders of change in all our operations.”

Download the full report here.

 

About Arca Continental
Arca Continental produces, distributes, and markets non-alcoholic 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 93 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 visitwww.arcacontal.com

 

 

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