Arca Continental B de C : 14 February 2020 EBITDA GREW 17.7% WITH NET SALES UP 4.9% IN 4Q19
February 14, 2020 at 09:12 am EST
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Monterrey, Mexico, February 14, 2020 - 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 full year of 2019 ('4Q19' and '12M19').
4Q19 HIGHLIGHTS
-Net Sales reached Ps. 41,409 million, 4.9% higher than 4Q18.
-EBITDA totaled Ps. 8,016 million for a margin of 19.4%, up 17.7% when compared to 4Q18.
-Net Income came in at Ps. 2,296 million, representing a margin of 5.5%.
12M19 HIGHLIGHTS
-Net Sales rose 4.5% to Ps. 162,728 million.
-EBITDA was Ps. 30,403 million, 10.7% higher than 12M18, representing a margin of 18.7%.
-Net Income reached Ps. 9,548 million for a margin of 5.9%.
COMMENTS FROM THE CHIEF EXECUTIVE OFFICER
'Continuing on our path of transformation to build an even stronger future, during 2019 we achieved revenue growth of 4.5% to reach Ps. 162,728 million and a 10.7% improvement in EBITDA. These significant results reflect the commitment and talent of our team to drive operating efficiency, perfect execution at the point of sale and deliver positive results even under challenging conditions', stated Arturo Gutierrez, Chief Executive Officer of Arca Continental.
'In 2020 we will continue to emphasize the importance of innovation by enhancing our digital initiatives and making strategic investments in all our territories, such as the case of our new plant in Houston which will generate savings of around US$30 million per year', he added.
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About Arca Continental
Arca Continental produces, distributes, and markets non-alcoholic beverages under The Coca-Cola Company brand, as well as snacks under the Bokados brand in Mexico, Inalecsa in Ecuador, and Wise and Deep River in the United States. With an outstanding history spanning 93 years, Arca Continental is the second-largest Coca-Cola bottler in Latin America, and one of the largest in the world. Through its Coca-Cola franchise, the company serves more than 123 million people in the Northern and Western regions in Mexico, as well as in Ecuador, Peru, in the Northern region of Argentina, and in the Southwestern United States. Arca Continental is listed on the Mexican Stock Exchange under the ticker 'AC'. For more information about Arca Continental, please visitwww.arcacontal.com
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Arca Continental SAB de CV published this content on 14 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2020 14:10:06 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. 
