Arca Continental de CV : 25 October 2018 REVENUE GREW 8.6% WITH EBITDA UP 5.8% IN 3Q18
October 25, 2018 at 09:29 am EDT
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Monterrey, Mexico, October 25, 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 third quarter and first nine months of 2018 ('3Q18' and '9M18').
3Q18 HIGHLIGHTS
-Total revenues increased 8.6% when compared to 3Q17 to reach Ps. 40,557 million.
-EBITDA was Ps. 7,203 million, for a margin of 17.8%, which was 5.8% higher than 3Q17.
-Net Income declined 53.1% to Ps. 2,366 million, representing a net margin of 5.8%.
COMMENTS FROM THE CHIEF EXECUTIVE OFFICER
'In a quarter challenged by rising prices in several of our main raw materials, various strategies we implemented to capitalize on our extensive price-pack platform and develop new commercial capabilities to strengthen execution at the point of sale, which enabled us to achieve revenue growth of 8.6% with EBITDA up 5.8%, in consolidated terms. This puts us at a competitive advantage under the recent approval of a North American Trade Agreement that will benefit our operations in Mexico and the U.S.', stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.
With a well-seasoned team that is committed to serving customers and consumers with excellence, Arca Continental reaffirms its competitive position and market leadership, supported by an extensive product portfolio and geographic diversification, as well as scale and technology.
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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 and Deep River in the United States. With an outstanding track record of more than 92 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 visitwww.arcacontal.com
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Arca Continental SAB de CV published this content on 25 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 October 2018 13:28:05 UTC
Arca Continental SAB de CV is a Mexico-based company primarily engaged in the beverages sector. The Company's activities are divided into two business segments: Beverages and Other. The Beverages division produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company (TCCC) license in Mexico, Argentina, Ecuador and Peru, as well as dairy beverages of the Santa Clara brand name in Mexico and Toni brand name in Ecuador. Its TCCC beverages portfolio includes cola and flavored drinks, vitamin, low-calorie and energetic drinks, juices, as well as purified and flavored water, among others. The Companyâs brand names range comprises Ciel, del Valle, Powerade, burn, FUZE Tea and vitaminwater, among others. The Other division focuses on the sale of beverages through vending machines in Mexico, as well as manufacture and distribution of snacks and candies under the brand names Bokados in Mexico, Inalecsa in Ecuador and Wise in the United States.
ARCA CONTINENTAL, S.A.B. DE C.V. 
