Press Releases

Home/Press Center/Press Releases/EBITDA grew 10.2% and revenues increased 10% in 3Q24

EBITDA GREW 10.2% AND REVENUES INCREASED 10% IN 3Q24

Monterrey, Mexico, October 24, 2024 – 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 first nine months of 2024 (“3Q24” and “9M24”).

 

Table 1: Financial Highlights

Captura De Pantalla 2024-10-24 103830 

 

3Q24 HIGHLIGHTS

  • Net Sales increased 10% when compared to 3Q23, to Ps. 62,613 million.
  • EBITDA grew 10.2% to Ps.12,684 million with a margin of 20.3%.
  • Net Income totaled Ps. 5,132 million, up 13.1%, reaching a margin of 8.2%.

 

9M24 HIGHLIGHTS

  • Net Sales reached Ps. 172,057 million, 5.1% higher than 9M23.
  • EBITDA totaled Ps. 34,514 million, an increase of 6.6% with a margin of 20.1%.
  • Net Income increased 10.3% to Ps. 14,298 million, reaching a margin of 8.3%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“Driven by an effective pricing strategy, impeccable execution at the point of sale, as well as presentations and packages that are affordable for our consumers, we achieved growth of 10% in revenues and 10.2% in EBITDA during the third quarter of 2024. These results enabled us to reach the highest consolidated EBITDA margin for a third quarter in the last eight years”, stated Arturo Gutiérrez, Chief Executive Officer of Arca Continental.

 

“We will conclude the year strengthening our leadership in the markets in which we operate, accelerating the digital evolution of the traditional channel and reaffirming our conviction of operating a sustainable business model that generates value for our community and interest groups", he added.

 

DOWNLOAD HERE FULL REPORT

 

  • About Arca Continental
  • Arca Continental is a company engaged in the production, distribution and sale of beverages under the brands owned by The Coca-Cola Company. The Coca-Cola Company, as well as salty snacks under the brands Bokados in Mexico, Inalecsa in Ecuador, and Wise in the United States. With an outstanding track record of more than 98 years, Arca Continental is the second largest Coca-Cola bottler in the Americas and one of the most important in the world. Through its Coca-Cola franchise, the company serves a population of more than 128 million in the northern and western regions of Mexico, as well as in Ecuador, Peru, the northern region of Argentina and the southwestern United States. Arca Continental is listed on the Mexican Stock Exchange under the symbol "AC". For more information about Arca Continental, please visit www.arcacontal.com


 

  • Arca Continental Induction

    Getting to know Arca Continental

  • 2019 Sustainability Day

    2019 Sustainability Day Results