22 April 2016 AC reports: Net Sales grew 39.3% with EBITDA UP 44.6% in 1Q16
April 22, 2016 at 09:15 am EDT
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Monterrey, Mexico, April 22, 2016 - Arca Continental, S.A.B. de C.V. (BMV: AC*) ('Arca Continental' or 'AC'), the second-largest Coca-Cola bottler in Latin America and third-largest in the world, announced today its results for the first quarter of 2016 ('1Q16').
FIRST QUARTER 2016 (1Q16) HIGHLIGHTS
- Net sales reached Ps. 21,274 million, 39.3% higher when compared to 1Q15.
- EBITDA totaled Ps. 4,281 million, 44.6% above 1Q15 and at a margin of 20.1%.
- • Net Income increased 43.9% to Ps. 1,871 million at a margin of 8.8%.
COMMENTS FROM THE CEO
'Supported by our geographic diversification with the integration of Peru, as well as the precise management of our portfolio and the perfecting of our execution at the point of sale, we achieved 20 consecutive quarters of positive results. In these first three months of 2016, we reported net sales growth of nearly 40% when compared to the previous quarter, with net income up 44% and EBITDA up nearly 45%', stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.
'These results compel us even further to continue seeking new value creation opportunities that will enable us to continue improving our operations and, above all, provide excellent service to our clients and consumers,' added Garza Egloff.
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About Arca Continental
Arca Continental produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company brand, as well as snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador and Wise in the U.S. with an outstanding history spanning more than 90 years. Arca Continental is the second-largest Coca-Cola bottler in Latin America and one of the largest in the world. Within its Coca-Cola franchise territory, the Company serves over 83 million consumers in Northern and Western Mexico, Ecuador, Peru and Northern Argentina. The Company's shares trade on the Mexican Stock Exchange under the ticker symbol 'AC'. For more information on Arca Continental, please visit www.arcacontal.com
Arca Continental SAB de CV issued this content on 22 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 April 2016 13:14:13 UTC
Original Document: http://www.arcacontal.com/presscenter/press-releases/ac-reports-net-sales-grew-393-with-ebitda-up-446-in-1q16.aspx
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. 
