MEXICO: Rising volumes drive Coke bottler Arca
Mexican soft drinks bottler Embotelladoras Arca saw profits rise 14% last year thanks to growing volumes across the business.
Arca, which bottles Coca-Cola products, as well as its own and third-party brands, said yesterday (22 February) that operating profit reached MXN3.3bn (US$298.4m). Revenues rose 9.4% to MXN16.7bn as volumes increased 7.5%.
CEO Francisco Garza Egloff said: "We closed the year 2006 with significant achievements."
Arca is the second-largest Coca-Cola bottler in Mexico and Latin America. Arca was formed in 2001 through the merger of three of the oldest bottlers in Mexico.
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