The investment in fixed assets in the period it was 1,594 million pesos, which were oriented to investments in returnable bottles, coolers and marketing and execution capabilities at the point of sale. In addition to investments in automation and digitization of processes throughout the value chain and the modernization of information technology systems.
“During the remainder of 2022, we will continue to focus on maintaining the momentum of sales growth through innovative and sustainable business strategies that meet the needs of customers and consumers, to continue delivering financial and operating results that exceed the expectations of our shareholders” , said Arturo Gutiérrez, CEO of the company.
In Mexico, net sales grew 10.4% to 18,279 million pesos. Meanwhile, products with personal packaging grew 2.4% in the quarter, driven by growth in the food and beverage, convenience store, supermarket and entertainment channels, mainly in 600-milliliter, one-liter and 250-milliliter containers. non returnable. These presentations represent more than 75% of the growth.
In the period, the company also registered an 11% growth in its operating flow to 8,527 million pesos. Net profit reached 3,094 million, 19.7% higher compared to the same quarter of 2021.
The still category had the highest growth, due to increases in Powerade of 21% and Fuze tea of 43%, as a result of an increase in its coverage in the traditional channel and innovations in new flavors and packages such as Powerade Fit and the Manzana-Cinnamon Fuze Tea.
The brand snacks had double-digit growth in sales and EBITDA in Mexico, as a result of the price increase and an ongoing savings plan. The modern channel shows the greatest growth derived from the implementation of savings strategies and optimal management of discounts.
Net sales for the United States region increased 15.0% reaching. 17,429 million pesos. The South American division presented an increase in net sales of 18.3%, to 10,357 million.
“Towards 2022, in the United States and Mexico we will continue to observe a recovery environment and greater activity in various industries (mainly restaurants and tourism). Our attention will be on raw materials, in a year that considers an environment of higher inflation, in addition to a greater ‘normalization’ of activities after the peak of contagion at the beginning of the year that implied certain restrictions”, Monex said about the report in an analysis.