Arca Continental (AC) Q2 2026 earnings summary

Executive summary

• Consolidated volume grew 0.6% in Q2 and 1.7% year to date, with net sales for Q2 at MXN 63.5 billion, flat year-over-year, and EBITDA margin steady at 20.7%.

• Net income declined 9.4% to MXN 4.9 billion in Q2, with a net margin of 7.8%.

• The business demonstrated resilience amid challenging consumer and macroeconomic conditions, new taxes in Mexico, and market volatility.

• Advanced digital and AI-enabled initiatives, enhancing forecasting, product availability, and execution, supporting profitable and sustainable growth.

• Continued to gain value share in key categories and geographies, leveraging innovation and strong brand relevance.

Financial highlights

• Q2 consolidated revenues stable year over year at MXN 63.5 billion; H1 revenues MXN 120.6 billion, flat vs. 2025.

• Gross profit up 2.1% in Q2 to MXN 30.3 billion; gross margin expanded to 47.8%.

• EBITDA down 0.2% in Q2 to MXN 13.1 billion, margin 20.7%; H1 EBITDA MXN 23.8 billion, margin 19.7%.

• Net income for Q2 down 9.4% to MXN 4.9 billion; H1 net income MXN 8.7 billion, down 9% year over year.

• Net debt/EBITDA ratio at 0.67x; cash balance at MXN 28.5 billion; total debt at MXN 61.9 billion.

Outlook and guidance

• Maintains full-year guidance for mid-single digit currency-neutral sales growth and CapEx.

• Management remains focused on disciplined execution, digital transformation, and portfolio innovation to drive value.

• Expects continued volatility but remains confident in resilience and ability to navigate challenges.

• Profitability margin for the full year expected around 20%.