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Arca Continental the second largest bottler of Coca-Cola in Latin America, reported this Friday that, during the second quarter of the year, it had a growth of only 2.1% operating stream (EBITDA), affected by the increase in the price of raw materials such as PET and sugar.
However, its net profit increased by almost 31% compared to the second quarter of 2017, to 2 thousand 678 million pesos, motivated by a reduction of nearly 34% of its full cost of financing ( reflecting foreign exchange gains related to a higher dollar monetary position).
The total business figure of the company headed by Francisco Garza Egloff amounted to 41.126 million pesos in April-June, which implied a 7% increase over the same period a year earlier. .
This increase is explained by the 4.8% expansion of its sales volume, which reached 521 million cases (excluding jugged water).
For its part, the carbonate segment experienced an increase of 3.1%, while custom water and non-carbonated beverages grew by 11.8% and 11.8% respectively. , 2, respectively.
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