The company Arca Continental (AC) has reported a 13.1% increase in its net income in the third quarter, reaching 5,132 million pesos (mdp). This is due to an effective pricing strategy, according to the bottler.
So far this year, from January to September, AC's earnings have reached 14,298 mdp, representing a growth of 10.3% compared to the same period in 2023. The company's quarterly revenues have increased by 10%, totaling 62,613 mdp, while its EBITDA has grown by 10.2% reaching 12,684 mdp.
AC's CEO, Arturo Gutiérrez, mentioned that this growth is due to an effective pricing strategy, impeccable execution at the point of sale, and accessible product presentations for consumers. They achieved a 10% increase in sales and 10.2% in EBITDA during the third quarter of 2024, reaching the highest consolidated EBITDA margin for a third quarter in the last eight years.
Gutiérrez also pointed out that they plan to close the year by consolidating their leadership in the markets they operate in, accelerating the digital evolution of the traditional channel, and reaffirming their commitment to a sustainable business model that generates value for the community and stakeholders.
