Financials Arca Continental, S.A.B. de C.V.

Equities

AC *

MX01AC100006

Non-Alcoholic Beverages

End-of-day quote Mexican S.E. Other stock markets 15/07/2025			5-day change	1st Jan Change
190.89 ^MXN	+1.10%		+1.57%	+10.51%

07-14	Mexico retailers poised for Q2 bump despite inflation rebound	RE
06-09	Arca Continental, S.A.B. de C.V. (BMV:AC *) agreed to acquire Imperial Coffee Service, Inc.	CI

Projected Income Statement: Arca Continental, S.A.B. de C.V.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	169,314	183,366	207,785	213,632	237,004	260,718	279,285	295,487
Change	-	8.3%	13.32%	2.81%	10.94%	10.01%	7.12%	5.8%
EBITDA ¹	32,147	35,406	39,622	42,382	48,695	53,210	57,404	60,919
Change	-	10.14%	11.91%	6.97%	14.9%	9.27%	7.88%	6.12%
EBIT ¹	21,472	25,361	30,587	34,557	39,152	42,591	46,117	48,337
Change	-	18.11%	20.61%	12.98%	13.3%	8.78%	8.28%	4.82%
Interest Paid ¹	-3,476	-3,293	-3,615	-2,292	-2,990	-2,474	-2,403	-2,410
Earnings before Tax (EBT) ¹	18,001	22,072	27,494	31,004	34,987	41,135	45,248	48,292
Change	-	22.62%	24.57%	12.77%	12.85%	17.57%	10%	6.73%
Net income ¹	10,276	12,282	15,503	17,504	19,563	22,907	24,999	26,428
Change	-	19.52%	26.23%	12.91%	11.76%	17.1%	9.13%	5.72%
Announcement Date	16/02/21	15/02/22	09/02/23	08/02/24	11/02/25	-	-	-

¹MXN in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	42,945	44,811	42,665	40,475	45,808	47,946	49,138	45,065	53,363	55,723	52,635	50,684	56,051	56,911	49,986	50,743	58,702	62,613	64,947	57,039	64,423	67,387	67,214	58,888	68,985	72,954	70,767
Change	-	4.35%	-4.79%	-5.13%	13.18%	4.67%	2.49%	-8.29%	18.41%	4.42%	-5.54%	-3.71%	10.59%	1.53%	-12.17%	1.51%	15.69%	6.66%	3.73%	-12.18%	12.95%	4.6%	-0.26%	-12.39%	17.15%	5.75%	-3%
EBITDA ¹	8,235	8,642	8,633	7,509	9,399	9,198	9,127	8,527	10,436	10,675	9,983	9,550	11,314	11,509	10,008	9,663	12,167	12,684	14,181	10,646	13,178	14,057	14,760	11,269	14,404	15,475	15,125
Change	-	4.94%	-0.1%	-13.03%	25.18%	-2.14%	-0.77%	-6.57%	22.39%	2.29%	-6.48%	-4.34%	18.47%	1.72%	-13.04%	-3.45%	25.91%	4.25%	11.8%	-24.93%	23.78%	6.67%	5%	-23.65%	27.82%	7.44%	-2.26%
EBIT ¹	5,487	6,045	6,007	5,259	6,985	6,808	6,309	6,362	8,314	8,458	7,759	7,386	9,207	9,419	8,695	7,531	9,914	10,384	11,440	8,106	10,569	11,357	11,742	8,540	11,709	12,653	12,094
Change	-	10.17%	-0.63%	-12.45%	32.82%	-2.54%	-7.33%	0.84%	30.68%	1.73%	-8.26%	-4.81%	24.66%	2.3%	-7.68%	-13.39%	31.64%	4.74%	10.17%	-29.14%	30.39%	7.45%	3.4%	-27.27%	37.11%	8.07%	-4.42%
Charge d'intérêts	-947	-870	-794.9	-720	-723	-625.9	-864	-667	-627	-874	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	4,167	4,895	4,500	4,662	5,653	6,189	5,568	5,442	7,438	7,584	7,031	6,526	8,277	8,341	7,861	6,541	9,501	9,326	9,620	7,421	10,312	10,975	11,550	8,101	11,179	12,216	11,613
Change	-	17.46%	-8.07%	3.61%	21.25%	9.48%	-10.03%	-2.27%	36.69%	1.96%	-7.29%	-7.19%	26.84%	0.76%	-5.75%	-16.79%	45.25%	-1.84%	3.15%	-22.86%	38.96%	6.43%	5.24%	-29.86%	37.99%	9.27%	-4.94%
Net income ¹	2,335	2,744	2,519	2,585	3,130	3,381	3,187	3,094	4,222	4,230	3,956	3,731	4,693	4,537	4,544	3,761	5,404	5,132	5,265	4,144	5,926	6,085	6,428	4,524	6,356	6,722	6,355
Change	-	17.52%	-8.19%	2.62%	21.06%	8.02%	-5.73%	-2.92%	36.47%	0.19%	-6.48%	-5.7%	25.79%	-3.31%	0.15%	-17.23%	43.69%	-5.03%	2.59%	-21.29%	42.99%	2.7%	5.63%	-29.62%	40.51%	5.75%	-5.46%
Announcement Date	24/07/20	27/10/20	16/02/21	23/04/21	16/07/21	28/10/21	15/02/22	29/04/22	22/07/22	26/10/22	09/02/23	26/04/23	21/07/23	26/10/23	08/02/24	25/04/24	18/07/24	24/10/24	11/02/25	24/04/25	-	-	-	-	-	-	-

¹MXN in Million

Estimates

Forecast Balance Sheet: Arca Continental, S.A.B. de C.V.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	23,241	18,957	19,156	23,110	18,969	18,590	11,938	3,946
Change	-	-18.43%	1.05%	20.64%	-17.92%	-2%	-35.78%	-66.95%
Announcement Date	16/02/21	15/02/22	09/02/23	08/02/24	11/02/25	-	-	-

¹MXN in Million

Estimates

Cash Flow Forecast: Arca Continental, S.A.B. de C.V.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	6,723	7,176	9,755	12,622	16,565	17,732	18,143	18,935
Change	-	6.74%	35.94%	29.39%	31.24%	7.05%	2.31%	4.37%
Free Cash Flow (FCF) ¹	21,938	23,893	20,089	17,900	21,765	22,168	25,725	28,744
Change	-	8.91%	-15.92%	-10.9%	21.6%	1.85%	16.04%	11.74%
Announcement Date	16/02/21	15/02/22	09/02/23	08/02/24	11/02/25	-	-	-

¹MXN in Million

Estimates

Forecast Financial Ratios: Arca Continental, S.A.B. de C.V.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	18.99%	19.31%	19.07%	19.84%	20.55%	20.41%	20.55%	20.62%
EBIT Margin (%)	12.68%	13.83%	14.72%	16.18%	16.52%	16.34%	16.51%	16.36%
EBT Margin (%)	10.63%	12.04%	13.23%	14.51%	14.76%	15.78%	16.2%	16.34%
Net margin (%)	6.07%	6.7%	7.46%	8.19%	8.25%	8.79%	8.95%	8.94%
FCF margin (%)	12.96%	13.03%	9.67%	8.38%	9.18%	8.5%	9.21%	9.73%
FCF / Net Income (%)	213.48%	194.54%	129.58%	102.26%	111.26%	96.77%	102.9%	108.76%
Profitability
ROA	4.24%	4.87%	6.03%	7.07%	7.36%	7.27%	7.62%	7.83%
ROE	8.95%	10.35%	13.03%	15.69%	16.08%	16.35%	16%	16.06%
Financial Health
Leverage (Debt/EBITDA)	0.72x	0.54x	0.48x	0.55x	0.39x	0.35x	0.21x	0.06x
Debt / Free cash flow	1.06x	0.79x	0.95x	1.29x	0.87x	0.84x	0.46x	0.14x
Capital Intensity
CAPEX / Current Assets (%)	3.97%	3.91%	4.69%	5.91%	6.99%	6.8%	6.5%	6.41%
CAPEX / EBITDA (%)	20.91%	20.27%	24.62%	29.78%	34.02%	33.32%	31.6%	31.08%
CAPEX / FCF (%)	30.65%	30.03%	48.56%	70.52%	76.11%	79.99%	70.53%	65.87%
Items per share
Cash flow per share ¹	16.26	17.61	17.06	17.7	22.57	25.55	25.81	26.81
Change	-	8.32%	-3.12%	3.75%	27.52%	13.18%	1.02%	3.88%
Dividend per Share ¹	2.5	5.54	-	5.72	6.3	7.987	9.111	10.5
Change	-	121.6%	-	-	10.14%	26.77%	14.08%	15.27%
Book Value Per Share ¹	66.51	68.23	68.25	62.24	81.14	85.94	92.07	97.96
Change	-	2.59%	0.03%	-8.82%	30.38%	5.91%	7.14%	6.4%
EPS ¹	5.83	6.96	8.92	10.14	11.49	13.5	14.72	15.41
Change	-	19.38%	28.16%	13.68%	13.31%	17.45%	9.09%	4.66%
Nbr of stocks (in thousands)	1,757,085	1,758,966	1,724,254	1,695,097	1,696,242	1,694,403	1,694,403	1,694,403
Announcement Date	16/02/21	15/02/22	09/02/23	08/02/24	11/02/25	-	-	-