Earnings release
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Investor Relations Monterrey Ulises Fernández de Lara ulises.fernandezdelara@arcacontal.com Ph : 52 ( 81 ) 8151-1525 Felipe R. Barquín Goris felipe.barquin@arcacontal.com Ph : 52 ( 81 ) 8151-1674 EARNINGS RELEASE New York Melanie Carpenter i - advize Corporate Communications Ph : ( 212 ) 406-3692 arcacontal@i-advize.com Corporate Communications Fidel Salazar fidel.salazar@arcacontal.com Ph : 52 ( 81 ) 81-51-1400 Ext . 11513 EBITDA GREW 7.7 % WITH REVENUE UP 3 % IN 4Q20 ARCACONTINENTAL AC Monterrey , Mexico , February 16 , 2021 - 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 twelve months of 2020 ( " 4Q20 " and " 12M20 ” ) . Table 1 : Financial Highlights DATA IN MILLIONS OF MEXICAN PESOS 4Q20 4Q19 Variation % Total Beverage Volume ( MUC ) 561.1 560.8 0.1 2,154.8 Jan - Dec'20 Jan - Dec'19 Variation % 2,239.7 -3.8 Net Sales 42,665 41,409 3.0 169,314 162,728 4.0 EBITDA 8,633 8,017 7.7 32,147 30,404 5.7 Net Income 2,519 2,337 7.8 10,276 9,588 7.2 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 4Q20 HIGHLIGHTS • Net Sales reached Ps . 42,665 million , up 3 % . • • EBITDA totaled Ps . 8,633 million for a margin of 20.2 % , representing an increase of 7.7 % . Net Income came in at Ps . 2,519 million , representing a margin of 5.9 % . 12M20 HIGHLIGHTS • Net Sales increased 4 % to Ps . 169,314 million . • EBITDA totaled Ps . 32,147 million , 5.7 % higher than 2019 for a margin of 19 % . • Net Income reached Ps . 10,276 million for a margin of 6.1 % . COMMENTS FROM THE CHIEF EXECUTIVE OFFICER " The combination of our scale , product portfolio , commercial platform , innovation and most importantly our great team of associates , allowed us to rise up and face one of the most challenging years in the history of the company . We delivered outstanding results , growing our sales and EBITDA by 4 % and 5.7 % , respectively , while expanding EBITDA margin by 30 basis points . Furthermore , we protected our profitability and future growth prospects , while strengthening all areas of business , particularly digital platforms , operating capabilities , and sustainability . " said Arturo Gutiérrez , CEO of Arca Continental " For 2021 , we are committed to reinforcing our results , by focusing on our execution at the point of sale , operational discipline , and liquidity , and as always , seeking to exceed customer and consumer expectations . " he added . 1