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AC reports revenue growth of 66.6% with EBITDA up 39% in 2Q17

Monterrey, Mexico, July 19, 2017 – Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced today its results for the second quarter and first half of 2017 (“2Q17” and "6M17").

 

Imagen tabla 2T2017Eng

 

 

2Q17 HIGHLIGHTS
- Net sales increased 66.6% when compared to 2Q16 to reach Ps. 38,445 millon. 
- EBITDA was Ps. 7,387 million, for margin of 19.2%, which was 38.9% higher than 2Q16.
- Net income rose 2.5% to Ps. 2,051 million, for a net margin of 5.3%.

 

6M17 HIGHLIGHTS
- Net sales grew 42.6% to Ps. 63,247 millon. 
- EBITDA reached Ps. 12,389 million, or  29.1%, above 6M16, for a margin of 19.6%.
- Net income declined by 2.4% to Ps. 3,780 million, representing a net margin of 6%.

 

COMMENTS FROM THE CEO

“The combination of the first three months of operation in the United States and the solid results from Mexico and South America drove 66.6% growth in our sales for the second quarter of 2017, supported by effective price-pack strategies, innovative commercial execution and a committed team of professionals, clearly aimed at exceeding the expectations of our clients and consumers" , stated Francisco Garza Egloff, Chief  Executive Officer of Arca Continental.

"Under a volatile environment in some of the  markets in which we operate, we were able to increase our EBITDA by 39%, accumulating 25 consecutive quarters of growth in this indicator. Furthermore, we continue advancing on our synergy plan and exchange of the best practices at Coca-Cola Southwest Beverages, with the goal of capitalizing on the experience and capabilities of both teams to strenghen our leadership and advance along the value creation route that  characterizes us", he added.

 

Download here the full report

 

About Arca Continental

Arca Continental produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company brand, as well as snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador and Wise in the U.S. with an outstanding history spanning more than 91 years. Arca Continental is the second-largest Coca-Cola bottler in Latin America and one of the largest in the world. Within its Coca-Cola franchise territory, the Company serves over 118 million consumers in Northern and Western Mexico, Ecuador, Peru, Northern Argentina and the Southwest region of the U.S. The Company’s shares trade on the Mexican Stock Exchange under the ticker symbol "AC". For more information on Arca Continental, please visit www.arcacontal.com