ARCA CONTINENTAL, S.A.B. DE C.V.
ARCA CONTINENTAL (BMV: AC) REPORTS REVENUE GROWTH OF 15.2% WITH EBITDA UP 5.7% IN 4Q21
MONTERREY, MEXICO / ACCESSWIRE / February 15, 2022 / Arca Continental, S.A.B. de C.V. (BMV:AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the fourth quarter and twelve months of 2021 (“4Q21” and “12M21”). Table 1: Financial Highlights ![]() 4Q21 HIGHLIGHTS
12M21 HIGHLIGHTS
COMMENTS FROM THE CHIEF EXECUTIVE OFFICER “The ability of our great team of associates to face challenging times enabled us to grow annual sales in 2021 by 8.3% and generate volumes above pre-pandemic levels. This solid performance, combined with financial discipline focused on protecting the profitability of our business, led to a 10.1% increase in EBITDA and a 30-basis point margin expansion for the second consecutive year,” stated Arturo Gutiérrez, Chief Executive Officer of Arca Continental. “In 2022, our solid execution at the point of sale and permanent focus on operating efficiency will support our goal of maintaining positive sales trends, growing our EBITDA and creating sustainable value, while always striving to satisfy the needs of our customers and consumers, to grow stronger as a socially responsible company and an attractive investment option for the market.” ESG
RECENT EVENTS
The full earnings reports and financial tables available for download in MS Excel format can be accessed at the following link: http://www.arcacontal.com/investors/financial-reports.aspx. CONFERENCE CALL INFORMATION Arca Continental will host a conference call to discuss these results on February 15, 2022 at 10:00 am Mexico/Monterrey time, 11:00 am New York time. A live webcast of this event will be available at www.arcacontal.com or via telephone using the following numbers: To participate, please dial: +1-800-225-9448 (U.S. participants) About Arca Continental Arca Continental produces, distributes, and markets beverages under The Coca-Cola Company brand, as well as snacks under the Bokados brand in Mexico, Inalecsa in Ecuador, and Wise and Deep River in the United States. With an outstanding history spanning more than 95 years, Arca Continental is the second-largest Coca-Cola bottler in Latin America, and one of the largest in the world. Through its Coca-Cola franchise, the company serves more than 123 million people in the Northern and Western regions in Mexico, as well as in Ecuador, Peru, in the Northern region of Argentina, and in the Southwestern United States. Arca Continental is listed on the Mexican Stock Exchange under the ticker “AC”. For more information about Arca Continental, please visit www.arcacontal.com This material may contain forward-looking statements regarding Arca Continental and its subsidiaries based on management’s expectations. This information as well as statements regarding future events and expectations is subject to risks and uncertainties, as well as factors that could cause the results, performance and achievements of the Company to differ at any time. Such factors include changes in the general economic, political, governmental and commercial conditions both domestically and globally, as well as variations in interest rates, inflation rates, exchange rate volatility, tax rates, the demand for and the price of carbonated beverages, water, and the price of sugar and other raw materials used in the production of sparkling beverages, weather conditions and various others. As a result of these risks and factors, actual results could be materially different from the estimates provided; therefore, Arca Continental does not accept responsibility for any variations or for the information provided by official sources. SOURCE: Arca Continental Attachment File: Tablas_ER_4Q21Final_BW
02/15/2022 EQS Newswire / EQS Group AG |