Arca Continental's net profits increase by more than 30% • Forbes Mexico

Notimex .- In the second quarter of the year, Arca Continental achieved a net business turnover of 41 126 million pesos, a growth of 7.0% over the same period. quarter of last year where it reached 38,445 million pesos.

In announcing financial results for the second quarter of the year and accumulated until June 2018, the company reported that net profit in the second quarter of the year reached 2,678 million of pesos, which means a growth of 31% compared to the same period of 2017.

Meanwhile, Ebitda (Profit before interest, taxes, depreciation and amortization) reached 7,540 million pesos, an increase of 2.1% compared to the same period last year. 19659002] Arca Continental CEO Francisco Garza Egloff said that this revenue growth and net profit of 7.0% and 31% respectively, is due to the innovative approach from run to point of sale and portaf This, he adds, "combined with the deployment of price-conditioning initiatives in most operations, which will have their greatest impact in the second half of the year, this year. "

The executive pointed out that by 2018, they committed themselves to progress in consolidating operations, maintaining competitiveness and quality customer service that has distinguished the company throughout its history. to accumulated, January-June, the company said that total sales totaled 78.247 billion pesos, representing a growth of 23.7% over the same period last year, when he added 63.247 billion pesos.

Ebitda reached 13 453 million pesos, an increase of 8.6% over the same period last year and a net income of 4,005 million pesos, or 6 , 0% more.

About results ratios for Mexico, Coca-Cola's second largest bottler in Latin America, indicate that net sales reached 16.727 million pesos in the second quarter of the year, representing a growth of 6.4%.

it increased by 3.6% during the quarter to reach 4 133 million pesos.

He recalled that during the second quarter of the year, various commercial activities were carried out for the football world cup where Coca-Cola Sin Azúcar was manufactured.

In addition, the World Cup Trophy Tour visited the cities of Monterrey and Guadalajara, where they made different activations that mainly stimulated the growth of the tail and the isotonic categories, which increased by 3, 0 and 17.4% during the quarter.