Arca Continental Reports Sales Growth Of 5% And EBITDA Up 36.6% In Fourth Quarter 2012

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
 
     

4Q12
 

4Q11
 

Variation %
 

Jan - Dec '12
 

Jan - Dec '11
 

Variation %

Total Beverage Volume (MUC)

337.4

321.8

5

1,353.70

1,125.20

20.3

Net Sales

14,453

13,200

9.5

56,219

43,950

27.9

EBITDA

2,809

2,057

36.6

11,248

8,091

39

EBITDA Margin (%)

19.4

15.6

+3.8 p.p.

20

18.4

+1.6 p.p.
 

Total Beverage Volume includes jug water

EBITDA = Operating income + Depreciation + Amortization + Non Recurring Expenses

Numbers expressed under International Financial Reporting Standards or IFRS

4Q12 HIGHLIGHTS
  • 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.

FY12 HIGHLIGHTS
  • 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.

CEO STATEMENT

“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.