Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Coca-Cola Company (The)    KO

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Mexican Coca-Cola Bottler Arca Contal Raises Prices To Offset Costs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/25/2012 | 07:26pm CEST

Mexican soft drink bottler Arca Continental SAB (EMBVF, AC.MX) said Wednesday it raised prices on its products during the first quarter to account for inflation, foreign exchange fluctuations and higher raw materials costs.

Adrian Wong, chief financial officer at Latin America's second-biggest bottler of Coca-Cola Co. (>> The Coca-Cola Company) products, told analysts during a conference call that the company hiked prices in Mexico by 6.2% while prices for goods sold in South America increased by 18%.

Mexico accounts for around 76% of Arca Contal's beverage volume sales while Argentina and Ecuador supply the rest.

Mexican consumers are avid consumers of carbonated beverages, with a high level of per capita consumption. Still, Arca Contal's first quarter volume sales in that market rose 3.7% year-on-year, with cola volume sales having gained 4.9%.

Arca Contal attributed the Mexico gains to its efforts to widen its product mix by rolling out new soft-drink package presentations while also improving distribution.

"Every time we think this is such a mature market, with a high per-capita consumption, we find opportunities to grow," said Arturo Gutierrez, the company's chief operating officer.

The company has noticed that PepsiCo Inc. (PEP) has been more active selling to the restaurant channel since consolidating its Mexican presence last year into a nationwide beverage company.

Chief executive Francisco Garza said Arca Contal is working to minimize the impact of Pepsi's efforts to raise restaurant sales, while characterizing the volumes moved in restaurants as less important relative to those of other sales channels.

Apart from restaurants, Garza said the competitive dynamics with Pepsi haven't changed much.

-By Amy Guthrie, Dow Jones Newswires; (5255) 5980-5177, [email protected]

Stocks mentioned in the article : The Coca-Cola Company
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on COCA-COLA COMPANY (THE)
04:56p COCA COLA : Announces Timing of Second Quarter Earnings Release and Investor Con..
04:32p COCA COLA : Longtime Greeley Stampede volunteer to hang up his boots -- kind of
03:31p COCA COLA : POWERADE® Power Your School Program Pledges $1 Million in Support of..
06/27 COCA COLA : NGO wants speedy implementation of energy cooking reform
06/27 THE COCA-COLA COMPANY : Announces Timing of Second Quarter Earnings Release and ..
06/27 2017 BET AWARDS : Beyonce bags five trophies
06/23 COCA COLA CO : Other Events, Financial Statements and Exhibits (form 8-K)
06/22 COCA COLA : "Beverage Nozzle with Mixing Core" in Patent Application Approval Pr..
06/22 COCA COLA : vitaminwater® Partners with Aaron Paul to "Drink Outside the Lines"
06/22 COCA COLA : Announces the Further Extension of the Consent Solicitation and Tend..
More news
Sector news : Non-Alcoholic Beverages - NEC
06/22 Danone looks to ride healthy food revolution wave
06/03 Big U.S. companies stay on White House panel despite climate jolt
06/03 Big U.S. companies stay on White House panel despite climate jolt
06/01DJRankings Defy Usual Gender Gap -- WSJ
05/31DJWomen CEOs Don't Get Paid Less Than Men in Big Business, They Make More
More sector news : Non-Alcoholic Beverages - NEC
News from SeekingAlpha
06/27 Am I Too Old To Start A Dividend Growth Portfolio?
06/27 I Bought This Fat 8.46% Dividend Yield
06/26 How To Beat XLP For The Active Investor
06/26 Smart Beta Dividend Growth Stocks
06/23 What Should Retirees Do During A Bear Market?
Advertisement
Financials ($)
Sales 2017 35 198 M
EBIT 2017 9 806 M
Net income 2017 7 895 M
Debt 2017 26 826 M
Yield 2017 3,18%
P/E ratio 2017 25,06
P/E ratio 2018 22,85
EV / Sales 2017 6,23x
EV / Sales 2018 7,11x
Capitalization 192 479 M
More Financials
Chart COCA-COLA COMPANY (THE)
Duration : Period :
Coca-Cola Company (The) Technical Analysis Chart | KO | US1912161007 | 4-Traders
Full-screen chart
Technical analysis trends COCA-COLA COMPANY...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 45,6 $
Spread / Average Target 1,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
James Quincey President, Chief Executive Officer & Director
Ahmet Muhtar Kent Chairman
Kathy N. Waller CFO, President-Enabling Services & Executive VP
Eddie R. Hays Chief Technical Officer & Senior Vice President
Barry N. Simpson Chief Information Officer & Senior Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
COCA-COLA COMPANY (THE..8.66%192 479
DR PEPPER SNAPPLE GROU..1.06%16 843
SUNTORY BEVERAGE & FOO..8.14%14 571
ARCA CONTINENTAL SAB D..25.59%13 361
COCA COLA HBC AG33.90%11 152
TINGYI (CAYMAN ISLANDS..0.11%6 575
More Results