Arca Continental, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 15, 2021 at 10:06 pm EDT
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Arca Continental, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 45,807.525 million compared to MXN 42,944.596 million a year ago. Operating income was MXN 6,984.866 million compared to MXN 5,486.866 million a year ago. Net income was MXN 3,129.536 million compared to MXN 2,335.174 million a year ago. Basic earnings per share was MXN 6.22 compared to MXN 5.71 a year ago. For the half year, sales was MXN 86,282.057 million compared to MXN 81,837.356 million a year ago. Operating income was MXN 12,243.906 million compared to MXN 9,420.782 million a year ago. Net income was MXN 5,714.754 million compared to MXN 5,012.998 million a year ago. Basic earnings per share was MXN 6.22 compared to MXN 5.71 a year ago.
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. 
