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Revenue grew 46.7% with Net Income Up 56.4% in 3Q17

Monterrey, Mexico, October 26, 2017 – 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 third quarter and first nine months ended September 30, 2017 (“3Q17” and “9M17”).

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3Q17 HIGHLIGHTS
- Net sales increased 46.7% when compared to 3Q16, reaching Ps. 35,830 million.
- EBITDA reached Ps. 6,811 million with a margin of 19%, representing an increase of 27.8% when compared to the same quarter of last year.
-Net Income rose 56.4% for a margin of 14.1% and a total of Ps. 5,049 million.

9M17 HIGHLIGHTS
- Net sales increased 44.1% when compared to 3Q16, to Ps. 99,078 million
- EBITDA totaled Ps. 19,200 million for a 19.4% margin, and a 28.6% increase when compared to 3Q16.
- Net Income grew 24.3% to Ps. 8,829 million at a margin of 9%.

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER
“In a quarter characterized by the impact of significant natural disasters in some of our markets, where we reaffirmed the strong commitment of our company to our associates and the community, we achieved of 46.7% sales growth and 56.4% in net income, reflecting the integration of Coca-Cola Southwest Beverages, complemented with organic growth resulting from the right price-pack strategy, an innovative execution at the point of sale, and a team committed to satisfying the needs of our customers and consumers”, stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.

“During the third quarter, we also announced the acquisition of a new territory in Oklahoma, which incorporates the U.S. franchise we began serving last April; and we transferred Topo Chico mineral water brand rights in the U.S. to The Coca-Cola Company, which will open the door to new expansion opportunities for this product, which will continue to be of Mexican origin. Both transactions will allow us to continue delivering consistent results and create value to our shareholders”, he added.

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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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