Arca Continental Reports EBITDA Growth of 17.7% With Net Sales Up 4.9% in 4Q19

MONTERREY, Mexico, Feb. 14, 2020 (GLOBE NEWSWIRE) -- 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 full year of 2019 (“4Q19” and “12M19”).

Table 1: Financial Highlights

Data in millions of Mexican pesos
	4Q19	4Q18	Variation %
Total Beverage Volume (MUC)	561.2	544.9	3.0%
Net Sales	41,409	39,456	4.9%
EBITDA	8,016	6,811	17.7%
Net Income	2,296	2,331	-1.5%
Total Beverage Volume includes jug water
Net Sales not including Revenues outside the territory (OT) in USA
EBITDA = Operating income + Depreciation + Amortization + Non Recurring Expenses

4Q19 HIGHLIGHTS

• Net Sales reached Ps. 41,409 million, 4.9% higher than 4Q18.
• EBITDA totaled Ps. 8,016 million for a margin of 19.4%, up 17.7% when compared to 4Q18.
• Net Income came in at Ps. 2,296 million, representing a margin of 5.5%.

12M19 HIGHLIGHTS

• Net Sales rose 4.5% to Ps. 162,728 million.
• EBITDA was Ps. 30,403 million, 10.7% higher than 12M18, representing a margin of 18.7%.
• Net Income reached Ps. 9,548 million for a margin of 5.9%.

COMMENTS FROM THE CHIEF EXECUTIVE OFFICER
”Continuing on our path of transformation to build an even stronger future, during 2019 we achieved revenue growth of 4.5% to reach Ps. 162,728 million and a 10.7% improvement in EBITDA. These significant results reflect the commitment and talent of our team to drive operating efficiency, perfect execution at the point of sale and deliver positive results even under challenging conditions,” stated Arturo Gutierrez, Chief Executive Officer of Arca Continental.