Overview

• Arcor’s H1 2025 sales reached ARS 2.14 trillion and net profit was ARS 58,583 million, with an operating margin of 5.9%, close to the 6.1% recorded in H1 2024.
• The company credited vertical integration, cost management and product and geographic diversification for sustaining profitability despite price increases lagging annual inflation.
• Industrial volumes rose year-on-year while the mass-consumption segment saw sweets and cookies recover even as food categories contracted.
• A negative financial result of ARS 39,329 million reflected slower inflation and FX adjustments replacing prior currency-driven gains.
• In late July Arcor issued US$ 350 million of negotiable notes maturing 2031–33, prepaid about US$ 195 million of existing debt and secured a Moody’s upgrade to B2.