MONTERREY, Mexico--(BUSINESS WIRE)--Arca Continental, S.A.B. de C.V. (BMV: AC) (“the Company” or “Arca Continental”), the second-largest Coca-Cola bottler in Mexico and Latin America announced that at its Annual Shareholders’ Meeting held today, a dividend of Ps. 1.50 per share, totaling Ps. 2,416 million was declared.
Manuel Barragan Morales, Arca Continental’s Chairman of the Board, stated, “The excellent performance of our operations in 2012 adds to various years of solid results and constant growth, which establish the foundation for new, more significant goals for Arca Continental. We are pleased to continue our commitment to our dividend policy while balancing our strategy of investing in the growth of our businesses.”
He added, “Our solid financial situation, as well as our talented and committed human capital put us in the ideal position to continue capitalizing on profitable growth opportunities in both beverages and snacks.”
The Company will invest Ps. 4.2 billion in 2013, mainly allocated towards strengthening execution capabilities at the point of sale, including coolers, vending machines, trucks and production lines. This amount, which is 40% above the Ps. 3.0 billion invested in 2012, will be concentrated on consolidating market leadership in the territories Arca Continental operates in Mexico, Argentina, Ecuador and the U.S.
About Arca Continental
Arca Continental produces, distributes and sells non-alcoholic beverages under The Coca-Cola Company brand, as well as snacks under the brands of Bokados in Mexico, Inalecsa in Ecuador and Wise in the U.S. With an outstanding history spanning more than 85 years, Arca Continental is the second-largest Coca–Cola bottler in Latin America and one of the largest in the world. Within its Coca-Cola franchise territory, the Company serves over 53 million consumers in Northern and Western Mexico, Ecuador and Northern Argentina. The Company’s shares trade on the Mexican Stock Exchange under the ticker symbol “AC”. For more information, visit www.arcacontal.com