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Arca Continental, S.A.B. de C.V. (BMV: AC), the second-largest Coca-Cola bottler in Latin America announced today its results for the fourth quarter (“4Q12”) and full-year of 2012 (“FY12”).
TABLE 1: FINANCIAL HIGHLIGHTS
Data in millions of Mexican pesos
Jan - Dec '12
Jan - Dec '11
Total Beverage Volume (MUC)
EBITDA Margin (%)
Total Beverage Volume includes jug water
EBITDA = Operating income + Depreciation + Amortization + Non Recurring Expenses
Numbers expressed under International Financial Reporting Standards or IFRS
Net sales reached Ps. 14,453 million, representing a 9.5% increase.
Gross Profit grew 17.9% to Ps. 6,911 million with a 47.8% margin.
EBITDA totaled Ps. 2,809 million with a margin of 19.4%, up 380 basis points.
Net sales were Ps. 56,219 million, representing a 27.9% increase.
Gross Profit rose 31.7% to Ps. 25,997 million with a 46.2% margin.
EBITDA reached Ps. 11,248 million with a margin of 20%, up 160 basis points.
“2012 was a year of outstanding achievements for Arca Continental in which the professionalism and success of our team drove significant sales growth and a pro forma EBITDA increase of 23.6%, while meeting our synergy targets and achieving excellence in execution at the point of sale for the benefit our clients and consumers," stated Francisco Garza Egloff, Chief Executive Officer of Arca Continental.