Arca Continental, S.A.B. de C.V. (EMBVF)
| Previous close | 9.73 |
| Open | 9.91 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 9.91 - 9.91 |
| 52-week range | 8.27 - 11.81 |
| Volume | |
| Avg. volume | 7,819 |
| Market cap | 17.279B |
| Beta (5Y monthly) | 0.11 |
| PE ratio (TTM) | 16.52 |
| EPS (TTM) | 0.60 |
| Earnings date | N/A |
| Forward dividend & yield | 0.36 (3.69%) |
| Ex-dividend date | 09 Apr 2024 |
| 1y target est | N/A |
- Reuters
Mexican bottler Arca boosts investments to $1 billion in 2024
Mexican bottler Arca Continental said on Thursday that it plans to hike its investments by 32% year-over-year to 17 billion pesos ($1.02 billion), looking to solidify its operations across markets. Arca, Latin America's second-largest Coca-Cola bottler, will spend just over half of those funds in Mexico, its largest market.
ReutersMexican drinks seller Arca profits rise on 'surprise' sales volumes
Mexican bottler Arca Continental said on Thursday its third-quarter net profit rose 7% as it sold more water and soft drinks than expected in its home market and widened its U.S. profit margin. The net profit of 4.54 billion Mexican pesos ($260 million) was slightly below the 4.62 billion pesos analysts polled by LSEG had estimated, but Arca's higher core margins exceeded J.P. Morgan's expectations. "The highlight of this quarter is once again the strong performance of the U.S. operations," J.P. Morgan analysts said in a note.
