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REVENUE GREW 7.0% WITH NET INCOME UP 30.6% IN 2Q18

Monterrey, Mexico, July 20, 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 second quarter and first half of 2018 (“2Q18” and “6M18”).

 

2Q18

 

2Q18 HIGHLIGHTS

-Net sales increased 7.0% when compared to 2Q17 to reach Ps. 41,126 million.
-EBITDA was Ps. 7,540 million, for a margin of 18.3%, which was 2.1% higher than 2Q17.
-Net Income rose 30.6% to Ps. 2,678 million, representing a net margin of 6.5%.

 

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER

 

“In the second quarter of the year we achieved growth in revenue and net income of 7% and 31%, respectively, thanks to a focus on innovative execution at the point of sale and in our product portfolio to better serve the needs of our customers and consumers, combined with the rollout of price-pack initiatives in most of our operations, which will generate the most impact in the second half of the year", stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.

 

“Within a climate of economic and political volatility in the majority of the markets we serve, in 2018, we reiterate our firm commitment to advance in the consolidation of our operations, maintain the competitiveness and quality of our customer service that has distinguished our company throughout its history, with the goal to be in a favorable position to continue delivering profitable and sustainable results for ou shareholders”, 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 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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