REVENUE GREW 49.7% WITH EBITDA UP 18.2% IN 1Q18

REVENUE GREW 49.7% WITH EBITDA UP 18.2% IN 1Q18

 

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REVENUE GREW 49.7% WITH EBITDA UP 18.2% IN 1Q18

Monterrey, México, April 27, 2018.- Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in America, announced today its results for the first quarter of 2018 (“1Q18”).

 

 1q 18

 

1Q18 HIGHLIGHTS

  • -Net sales reached Ps. 37,121 million, 49.7% higher than in 1Q17.
  • -EBITDA was Ps. 5,913 million, representing a margin of 16%, 18.2% higher than 1Q17.
  • -Net Income decreased 23.2% to Ps. 1,327 million for a margin of 3.6%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

“After a historic year of expansion and transformation in 2017, we begin 2018 with solid revenue growth of 45.7%, and 18.2% higher EBITDA, thanks in part to the first full year of operating franchises in the U.S., as well as the ability of our associates in all the countries we serve to adapt to the economic changes and anticipate consumer trends”, stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.

“For this year, we seek to reinforce the commitment without borders that distinguishes us, strengthen our commercial execution and point-of-sale service capabilities with information technology, while continuing to advance in our search for, and realization of, efficiencies and new value-creating opportunities that will drive the profitable growth of our company", 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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