Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The general evaluation of ARCA CONTINENTAL (MX), a company active in the Soft Drinks industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date February 19, 2021, the closing price was MXN 98.30 and it...
Arca Continental Reports Revenues Growth of 5.6% With EBITDA Up 7.7% in 3Q20 MONTERREY, Mexico, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the third quarter and first nine months of 2020 (“3Q20” and “9M20”). Table 1: Financial Highlights DATA IN MILLIONS OF MEXICAN PESOS 3Q203Q19Variation %Total Beverage Volume (MUC)554.7587.4-5.6%Net Sales44,81142,4155.6%EBITDA8,6428,0247.7%Net Income2,7442,7330.4% Total Beverage Volume includes jug wa...
Arca Continental Reports Revenue Growth of 2.3% With EBITDA Up 1.8% in 2Q20 MONTERREY, Mexico, July 24, 2020 (GLOBE NEWSWIRE) -- Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the second quarter and first half of 2020 (“2Q20” and “6M20”). Table 1: Financial Highlights DATA IN MILLIONS OF MEXICAN PESOS 2Q202Q19Variation %Total Beverage Volume (MUC)527.1580.5-9.2%Net Sales42,94541,9822.3%EBITDA8,2358,0911.8%Net Income2,3352,818-17.1% Total Beverage Volume includes jug water Net ...
ARCA CONTINENTAL REPORTS EBITDA GROWTH OF 5.8% WITH NET SALES UP 5.3% IN 1Q20 MONTERREY, Mexico, April 23, 2020 (GLOBE NEWSWIRE) -- Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the first quarter of 2020 (“1Q20”). Table 1: Financial Highlights DATA IN MILLIONS OF MEXICAN PESOS 1Q201Q19Variation %Total Beverage Volume (MUC)511.8510.90.2%Net Sales 38,89336,9215.3%EBITDA 6,6376,2725.8%Net Income2,6781,70157.4% Total Beverage Volume includes jug water Net Sales no...
Arca Continental Reports EBITDA Growth of 17.7% With Net Sales Up 4.9% in 4Q19 MONTERREY, Mexico, Feb. 14, 2020 (GLOBE NEWSWIRE) -- Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the fourth quarter and full year of 2019 (“4Q19” and “12M19”). Table 1: Financial Highlights Data in millions of Mexican pesos 4Q194Q18Variation %Total Beverage Volume (MUC)561.2544.93.0%Net Sales41,40939,4564.9%EBITDA8,0166,81117.7%Net Income2,2962,331-1.5% Total Beverage Volume includes jug waterN...
Arca Continental Reports Net Sales Growth of 6.7% With EBITDA up 11.4% in 3Q19 MONTERREY, Mexico, Oct. 25, 2019 (GLOBE NEWSWIRE) -- Arca Continental, S.A.B. de C.V. (BMV: AC*) (“Arca Continental” or “AC”), the second-largest Coca-Cola bottler in Latin America, announced its results for the third quarter and nine months of 2019 (“3Q19” and “9M19”). Table 1: Financial Highlights Data in millions of Mexican pesos 3Q193Q18Variation %Total Beverage Volume (MUC)587.3573.12.5%Net Sales42,41539,7466.7%EBITDA8,0247,20311.4%Net Income2,7332,36615.5% Total Beverage Volume includes jug ...
Squarely in the neutral camp At this point in time the major global indexes (MSCI ACWI, ACWI ex-US, EAFE, EM) have failed to break above their respective resistance levels, leaving us squarely in the neutral camp. • We need to see more from cyclical value. We believe the aforementioned major global indexes are likely to remain below resistance or have limited upside unless and until we see more definitive signs of bottoming within cyclical value areas of the market (e.g., Materials, Energy, ...
AB InBev: 3Q results fairly light; welcome dividend cut Argenx: 3Q18 update – on track with lead Efgartigimod Banimmo: Voluntary takeover bid starts EVS: Evertz buying 3.1% triggers € 10m share-buy-back Fugro: 3Q18 Preview Galapagos: 3Q: dumping gear to accommodate a speedy voyage IO&W: 3Q18 results Randstad: Feedback digital strategy analyst meeting RELX Group: 9M18 trading update Tessenderlo: 3Q REBITDA -12.3%, FY guidance looks optimistic
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