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Revenue grew 15.2% with EBITDA up 5.7% in 4Q21

Monterrey, Mexico, February 15, 2022 – 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 fourth quarter and twelve months of 2021 (“4Q21” and “12M21”).

 

Table 1: Financial Highlights

 Highlights 4T21

 

4Q21 HIGHLIGHTS

  • - Net Sales increased 15.2% when compared to 4Q20, to Ps. 49,138 million.
  • - EBITDA rose 5.7% to Ps. 9,127 million, for an EBITDA margin of 18.6%.
  • - Net Income grew 26.5% to Ps. 3,187 million for a net margin of 6.5%.

 

12M21 HIGHLIGHTS

  • - Net Sales increased 8.3% when compared to 4Q20 to Ps. 183,366 million.
  • - EBITDA rose 10.1% to Ps. 35,406 million for margin of 19.3%, an expansion of 30 basis points.
  • - Net Income was Ps. 12,282 million, up 19.5% and representing a net margin of 6.7%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“The ability of our great team of associates to face challenging times enabled us to grow annual sales in 2021 by 8.3% and generate volumes above pre-pandemic levels. This solid performance, combined with financial discipline focused on protecting the profitability of our business, led to a 10.1% increase in EBITDA and a 30-basis point margin expansion for the second consecutive year”, stated Arturo Gutiérrez, Chief Executive Officer of Arca Continental.

 

“In 2022, our solid execution at the point of sale and permanent focus on operating efficiency will support our goal of maintaining positive sales trends, growing our EBITDA and creating sustainable value, while always striving to satisfy the needs of our customers and consumers, to grow stronger as a socially responsible company and an attractive investment option for the market.”

 

Read the full report here

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