Arca Continental SAB de CV : 19 February 2016 Net Sales grew 23.4% and EBITDA rose 22.4% in 2015
February 19, 2016 at 09:34 am EST
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Monterrey, Mexico, February 19, 2016 - Arca Continental, S.A.B. de C.V. (BMV: AC*) ('Arca Continental' or 'AC'), the second-largest Coca-Cola bottler in Latin America, announced today its results for the fourth quarter and full year of 2015 ('4Q15' and '12M15').
FOURTH QUARTER 2015 (4Q15) HIGHLIGHTS
- Net sales reached Ps. 22,441 million, 38.5% higher than 4Q14.
- EBITDA came in at Ps. 4,742 million for a margin of 21.1%, up 38.4% when compared to 4Q14.
- Net income rose 4.9% to Ps. 1,655 million for a margin of 7.4%.
FULL YEAR 2015 (12M15) HIGHLIGHTS
- Net sales grew 23.4% to Ps. 76,454 million.
- EBITDA reached Ps. 16,707 million for a margin of 21.9%, 22.4% higher when compared to 2014.
- Net income increased 11.4% to Ps. 7,246 million for a margin of 9.5%.
COMMENTS FROM THE CEO
'During a year marked by global economic volatility, we were able to favorably satisfy the needs of our customers and consumers, through outstanding execution and a broad and attractive product portfolio, to reach significant growth in sales of 23.4% and EBITDA of 22.4%. We had another consecutive year of achievements thanks to the commitment and dedication of all those that form part of Arca Continental, by incorporating new alliances and innovation into all our business processes,' stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.
'In 2016 we will focus on strengthening our commitment to integrate, evolve and maintain the momentum of profitable growth of our Company, while further increasing our competitiveness in all business areas,' he added.
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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 89 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 19 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 February 2016 14:33:13 UTC
Original Document: http://www.arcacontal.com/presscenter/press-releases/net-sales-grew-234-and-ebitda-rose-224-in-2015.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.