We define Adjusted EBITDA as operating profit before deductions for depreciation and impairment of property, plant and equipment (included both in cost of goods sold and in operating expenses), amortisation and impairment of and adjustments to intangible assets, stock option compensation and other non-cash items, if any.

Operating profit (EBIT) refers to profit before tax excluding finance income / (costs) and share of results of equity method investments.

We are the largest Coca-Cola franchise bottler in the world by sales volume. Our operations encompass franchise territories in Mexico, Brazil, Guatemala, Colombia, and Argentina, and nationwide in Costa Rica, Nicaragua, Panama, Uruguay, and Venezuela through our investment.

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