REVENUE GREW 14% WITH EBITDA UP 5.7% IN 2018

REVENUE GREW 14% WITH EBITDA UP 5.7% IN 2018

 

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REVENUE GREW 14% WITH EBITDA UP 5.7% IN 2018

Monterrey, Mexico, February 19, 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 today its results for the fourth quarter and full year of 2018 (“4Q18” and “2018”).

 3q 18

 

4Q18 HIGHLIGHTS

  • Total revenues grew 3.2% when compared to 4Q17, to Ps. 40,148 million.
  • EBITDA reached Ps. 6,811 million, representing a margin of 17.0%.
  • Net Income was Ps. 2,331 million, down 45.3%, for a net margin of 5.8%.

 

 

 

2018 HIGHLIGHTS

  • Total revenues rose 14% versus 2017, to Ps. 158,953 million.
  • EBITDA grew 5.7% to Ps. 27,467 million, for a margin of 17.3%.
  • Net Income reached Ps. 8,703 million for a net margin of 5.5% and a decline of 33.5%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

 

“In 2018 our revenues reached more than Ps. 158 million for a growth of 14%, mainly from the combination of the right pricing strategy and positive volume trends in Mexico and the U.S. In South America, Peru continues its rapid recovery and Argentina demonstrates the capacity of our associates to face challenging macroeconomic climates. It’s worth noting that even in a volatile environment for several of our raw materials, the Company’s EBITDA reached Ps. 27 million, up 5.7% vs. 2017”, stated Arturo Gutierrez, Arca Continental’s Chief Executive Officer.

 

“In line with our value creation plan, during 2019 we will focus our efforts to keep innovating and strengthening the various commercial initiatives, while we continue strengthen our operations in the U.S.  We will also work on boosting the competiveness of the rest of our territories and businesses, supported by our solid cultural principles”, he added.


Download the full report here. 

 

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 93 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 119 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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