Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  The Coca-Cola Co    KO

Delayed Quote. Delayed  - 09/29 10:00:24 pm
42.03 USD   -0.28%
09/29 Coca-Cola bottling stakes sale mulled by SOE
09/28 COCA COLA : Help at hand for small business
09/28 JOHNSON MATTHEY : joins consortium to commercialise technology for l..
News SummaryMost relevantAll newsSector news 

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

share with twitter share with LinkedIn share with facebook
share via e-mail
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, amy.guthrie@dowjones.com

Stocks mentioned in the article : The Coca-Cola Company
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on THE COCA-COLA CO
09/29 COCA COLA : replenishes all water it uses globally
09/29 Coca-Cola bottling stakes sale mulled by SOE
09/28 COCA COLA : Help at hand for small business
09/28 JOHNSON MATTHEY : joins consortium to commercialise technology for low carbon ch..
09/28 COCA COLA : Help At Hand for Small Business
09/27 COCA COLA : Cycle For Survival Returns To Times Square To Launch 2017 Battle To ..
09/27 THE COCA-COLA COMPANY : Announces Timing of Earnings Release and Investor Confer..
09/26 COCA COLA CO : Change in Directors or Principal Officers, Financial Statements a..
09/26 COCA COLA : Evan G. Greenberg to Resign from The Coca-Cola Company Board of Dire..
09/24 FROM SHOOTING FLAMES TO BACK IN BUSI : Performance Pattern & Machine
More news
Sector news : Non-Alcoholic Beverages - NEC
09/29DJPEPSICO : Boosts Earnings Forecast as Results Top Views -- Update
09/29DJU.S. HOT STOCKS : Hot Stocks to Watch
09/29DJPEPSICO : Boosts Earnings Forecast
09/29DJPEPSICO : Boosts Earnings Forecast as Results Top Views
09/20DJPEPSICO : A Fizzy Favorite Makes a Comeback
More sector news : Non-Alcoholic Beverages - NEC
News from SeekingAlpha
09/29 MEGABEVERAGE : Coca-Cola seen as ultimate target for Anheuser-Busch
09/29 Dunkin' Donuts preps for 2017 ready-to-drink coffee launch
09/28 1 Dividend Stock To Buy And Hold Forever
09/28 JOHNSON & JOHNSON : Buying The Dips Beats The Drips - Timing Not An Issue
09/27 Tobira Therapeutics Hits The Jackpot And Provides A Nice Kicker
Financials ($)
Sales 2016 41 611 M
EBIT 2016 9 957 M
Net income 2016 8 276 M
Debt 2016 28 955 M
Yield 2016 3,29%
P/E ratio 2016 22,18
P/E ratio 2017 21,22
EV / Sales 2016 5,07x
EV / Sales 2017 5,92x
Capitalization 181 921 M
More Financials
Duration : Period :
The Coca-Cola Co Technical Analysis Chart | KO | US1912161007 | 4-Traders
Full-screen chart
Technical analysis trends THE COCA-COLA CO
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 47,4 $
Spread / Average Target 13%
Consensus details
EPS Revisions
More Estimates Revisions
Ahmet Muhtar Kent Chairman & Chief Executive Officer
James Quincey President & Chief Operating Officer
Kathy N. Waller Chief Financial Officer & Executive Vice President
Eddie R. Hays Chief Technical Officer & Senior Vice President
Barry Charles Diller Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
THE COCA-COLA CO-1.89%181 921
SUNTORY BEVERAGE & FOO..-16.10%13 467
COCA COLA HBC AG21.20%8 298
More Results