Grupo LALA, S.A. de C.V., through its subsidiaries, produces, packages, distributes, and markets dairy products in Mexico. The company operates through two segments, Milk; and Dairy Products and Other Products. The company offers plain milk, yoghurts, cheeses, creams, desserts, butter, margarine, beverages, juices, flavored milk, and milk with additional nutritional components. It also provides packaging products to third parties. The company serves retailers, supermarket chains, government departments, bakeries, and restaurants. Grupo LALA, S.A. de C.V. was founded in 1949 and is headquartered in Gómez Palacio, Mexico.
Calzada Lázaro Cárdenas No. 185
Parque Industrial Lagunero
Gómez Palacio, DG 35077
Founded in 1949
Grupo Lala, S.A.B. de C.V. Presents at Credit Suisse 9th Annual Mid-Summer LatAm Conference, Aug-05-2015
Aug 1 15
Grupo Lala, S.A.B. de C.V. Presents at Credit Suisse 9th Annual Mid-Summer LatAm Conference, Aug-05-2015 . Venue: Omni Berkshire Place Hotel, 21 East 52nd Street at Madison Avenue, New York, NY 10022, United States. Speakers: Enrique González, IRO, Gabriel Fernández Ares De Parga, Chief Administrative and Finance Officer, Scot Rank Crawford, Chief Executive Officer.
Grupo Lala, S.A.B. de C.V. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 28 15
Grupo Lala, S.A.B. de C.V. reported consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales were MXN 10,972,589,000 compared to MXN 11,846,679,000 a year ago. Operating income was MXN 1,090,924,000 compared to MXN 1,380,684,000 a year ago. Financial loss, net was MXN 104,895,000 compared to MXN 69,292,000 a year ago. Income before taxes was MXN 1,195,819,000 compared to MXN 1,455,365,000 a year ago. Net consolidated income was MXN 842,583,000 compared to MXN 999,273,000 a year ago. EBITDA was MXN 1,338,857,000 compared to MXN 1,672,178,000 a year ago. The increase in revenue is primarily due to organic growth resulting from commercial, pricing strategies and processes implemented over the past twelve months. The increase in operating income was primarily due to the MXN 703 million increase in gross profit, which was partially offset by a MXN 404 million increase in operating expenses and an MXN 8 million net decrease in other income/expenses. Book value per share was MXN 9.38 against MXN 7.51 a year ago.
For the six months, the company reported net sales were MXN 22,080,175,000 compared to MXN 23,477,118,000 a year ago. Operating income was MXN 2,154,340,000 compared to MXN 2,746,754,000 a year ago. Financial loss, net was MXN 188,332,000 compared to MXN 70,634,000 a year ago. Income before taxes was MXN 2,343,936,000 compared to MXN 2,827,178,000 a year ago. Net consolidated income was MXN 1,638,314,000 compared to MXN 1,942,895,000 a year ago. EBITDA was MXN 2,643,083,000 compared to MXN 3,312,897,000 a year ago. Net cash flow provided by operating activities was MXN 2,269,662,000 compared to MXN 2,692,910,000 a year ago. Acquisition of property, plant, equipment, and intangibles was MXN 1,312,854,000 compared to MXN 1,130,525,000 a year ago. For the six months ended June 30, 2015, the company deployed MXN 1,109 million in CAPEX, 51% of which was directed towards property, plant and equipment investments, among others. The remaining 49% was for operative maintenance CAPEX.