EBITDA GREW 6.1% WITH NET INCOME UP 28.2% IN 1Q19

EBITDA GREW 6.1% WITH NET INCOME UP 28.2% IN 1Q19

 

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EBITDA GREW 6.1% WITH NET INCOME UP 28.2% IN 1Q19

Monterrey, Mexico, April 26, 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 first quarter of 2019 (“1Q19”).

 

Table 1: Financial Highlights

 

1q 19

 

1Q19 HIGHLIGHTS

  • -Net sales reached Ps. 36,921 million, 2.2% higher than in 1Q18.
  • -EBITDA was Ps. 6,272 million, 6.1% higher than 1Q18 and representing a margin of 17%.
  • -Net Income rose 28.2% to Ps. 1,701 million, for a margin of 4.6%

 

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“With a strong focus on strengthening our operating efficiency, execution at the point of sale, as well as a precise price pack architecture in the various markets in which we operate, in the first quarter of 2019, we reported EBITDA growth of 6.1% with a margin expansion of 60 basis points. Our dedicated team of associates has demonstrated their ability to overcome challenges and serve with excellence the needs of our customers and consumers”, stated Arturo Gutierrez, Chief Executive Officer of Arca Continental.

 

“In line with this and despite high prices of several raw materials, our subsidiary in the U.S. posted positive results once again, thanks to an effective business plan and the realization of synergies, which has enabled us to improve our profitability and continue delivering favorable results for our shareholders”

 

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 salted snacks under the Bokados brand in Mexico, Inalecsa in Ecuador, and Wise 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 top bottlers in the world. Through its Coca-Cola franchise, the company serves more than 123 million people in Northern and Western Mexico, Ecuador, Peru, and Northern Argentina. Arca Continental is listed on the Mexican Stock Exchange under the ticker symbol “AC”. For more information about Arca Continental, please visit www.arcacontal.com

 

 

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