July 19 (Reuters) - Arca Continental SAB de CV <AC.MX>::ARCA CONTINENTAL REPORTS EBITDA GROWTH OF 7.3% WITH NET SALES UP 4.1% IN 2Q19.ARCA CONTINENTAL SAB DE CV QTRLY NET SALES INCREASED 4.1% WHEN COMPARED TO 2Q18, TO PS. 41,982 MILLION.ARCA CONTINENTAL SAB DE CV QTRLY EBITDA REACHED PS. 8,091 MILLION WITH A MARGIN OF 19.3%, AN INCREASE OF 7.3% WHEN COMPARED TO 2Q18.ARCA CONTINENTAL SAB DE CV QTRLY NET INCOME WAS PS. 2,818 MILLION, AN INCREASE OF 5.2% FOR A MARGIN OF 6.7%.
Jan 22 (Reuters) - Arca Continental SAB de CV <AC.MX>::ARCA CONTINENTAL SAB DE CV - CHAIRMAN MANUEL L. BARRAGAN MORALES HAS DECIDED TO RETIRE; JORGE SANTOS REYNA NAMED NEW CHAIRMAN, EFFECTIVE APRIL 4, 2019.
May 30 (Reuters) - Arca Continental SAB de CV <AC.MX>::ARCA CONTINENTAL SAB DE CV - WILL INVEST $250 MILLION IN PRODUCTION AND DISTRIBUTION FACILITY IN HOUSTON.ARCA CONTINENTAL SAB DE CV - NEW PLANT IS SCHEDULED TO BEGIN OPERATING IN EARLY 2020.
June 29 (Reuters) - Coca-cola Co <KO.N>:Arca continental and Coca-Cola boost the dairy industry in Ecuador.Coca-Cola co says $100 million were invested in new plant, doubling production capacity of Tonicorp.Tonicorp plant will allow company to double its production capacity, to reach up to 150 million dairy product liters per year.
Arca Continental SAB de CV:Moody's lowers credit rating outlook for Arca Continental SAB de CV to negative from stable.Moody's affirms credit rating for Arca Continental SAB de CV at A2 and Aaa.mx.
Arca Continental SAB de CV:Standard & Poor’s has affirmed credit rating on company at mxAAA.Outlook stable.
Corporacion Lindley SA:Arca Continental SAB de CV increased its stake in the company by additional 6.6165624 pct purchasing 38.4 million common shares at $1.57 per share.Arca Continental increases its stake in Corporacion Lindley to 60.0158 pct.Arca Continental signed agreement to purchase and resale 1.3 mln investment shares from Lindley family.These investment shares represent 1.787 pct of investment shares issued and will be transfered at purchase price of $0.89 per share.
Arca Continental SAB de CV:Fitch Ratings has affirmed its national long and short-term credit ratings on company at AAA(mex) and F1+(mex), respectively.Outlook is stable.
Corporacion Lindley SA:Says Arca Continental SAB de CV acquires 53.16 pct stake in Corporacion Lindley SA for $760 million.Arca Continental acquired from various members of the Lindley family a total of 308,847,336 ordinary shares and 1,459,941 investment shares.Lindley family commits to issue $400 million in Arca Continental shares following the acquisition.
Arca Continental SAB de CV:Moody's has initiated ratings for Arca Continental SAB de CV and has assigned rating of A2/Aaa.mx.Outlook is stable.