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Revenue grew 46.4% with Net Income up 44.9% in 2017

Monterrey, Mexico, February 23, 2018 – 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 fourth quarter and full year of 2017 (“4Q17” and “2017”).

4T17E

 

4Q17 HIGHLIGHTS

  • Net sales increased 53.0% when compared to 4Q16, reaching Ps. 38,078 million.
  • EBITDA was Ps. 6,792 million, representing a margin of 17.8%, 31.6% higher than 4Q16.
  • Net Income rose 120.6% to Ps. 4,261 million for a net margin of 11.2%.

2017 HIGHLIGHTS

  • Net sales reached Ps. 137,156 million for an increase of 46.4% compared to 2016.
  • EBITDA grew 29.4% to Ps. 25,993 million for a margin of 19.0%.
  • Net Income registered 44.9% growth to reach Ps. 13,090 million, representing a net margin of 9.5%.

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

Thanks to our discipline and innovation in market execution, as well as the passion of every member of the Arca Continental team to better serve every day, our customers and consumers, we were able to once again, double our revenues in 5 years in a profitable and sustainable manner. This result does not include the effects of the new operations acquired in the U.S.; their addition brings us to a level of over Ps. 137 billion in total revenues for 2017, an increase of 46.4% when compared to the previous year”, stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.

“In 2018 we will focus on integrating and strengthening the solid growth achieved by our Company, thus reinforcing our commitment to creating value for our shareholders.  At the same time, we will seek to continue increasing our competitiveness and market leadership in all the countries in which we operate”, he added.

 

Download here the full report

 

About Arca Continental

Arca Continental is a company dedicated to the production, distribution, and sale of non-alcoholic beverages which are brand names of The Coca-Cola Company as well as salty snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador, and Wise in the United States. With an outstanding track record of more than 91 years, Arca Continental is the second largest Coca-Cola bottling company in Latin America and one of the most important in the world. Within its Coca-Cola franchise, the company serves a population of more than 118 million in the northern and western parts of Mexico as well as Ecuador, Peru, the northern region of Argentina and the Southwestern U.S. Arca Continental is listed on the Mexican Stock Market under the ticker symbol "AC". For further information about Arca Continental, please visit www.arcacontal.com

 

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