Arca Continental Reports Revenue Growth Of 66.6% With EBITDA Up 39% In 2Q17
July 19, 2017
Source Arca Continental
July 19, 2017 09:00 AM Eastern Daylight Time MONTERREY, Mexico--(BUSINESS WIRE)--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 second quarter and first half of 2017 (“2Q17” and “6M17”).
2Q17 HIGHLIGHTS
- Net sales increased 66.6% when compared to 2Q16 to reach Ps. 38,445 million.
- EBITDA was Ps. 7,387 million, for a margin of 19.2%, which was 38.9% higher than 2Q16.
- Net income rose 2.5% to Ps. 2,051 million, for a net margin of 5.3%.
6M17 HIGHLIGHTS
- Net sales grew 42.6% to Ps. 63,247 million.
- EBITDA reached Ps. 12,389 million, or 29.1% above 6M16, for a margin of 19.6%
- Net income declined by 2.4% to Ps. 3,780 million, representing a net margin of 6%.