Grupo Comercial Chedraui, S.A.B. DE C.V., through its subsidiaries, engages in the operation of self–service stores. Its stores offer food and non-food items, including electronic products, white goods, furniture, and clothing. The company operates through three segments: Self-Service Mexico, Self-Service United States, and Real Estate. The Self-service Mexico segment operates hypermarkets and supermarkets under the brand names of Chedraui and Súper Chedraui. The Self-Service United States segment offers supermarkets under the EL Super store format. The Real Estate segment engages in the development, management, expansion, remodeling, and leasing of stores and supermarkets in Mexico. As of D...
Lomas Altas Delegación Miguel Hidalgo Código
Mexico, DF 11950
Founded in 1920
Grupo Comercial Chedraui, S.A.B. DE C.V. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Feb 20 15
Grupo Comercial Chedraui, S.A.B. DE C.V. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported a net income of MXN 451,308,000 compared to MXN 452,006,000 a year ago. Sales were MXN 20,305,182,000 compared to MXN 18,432,755,000 a year ago. This growth resulted from the opening of five stores in Mexico and four in the United States of America during the last twelve months. Operating income was MXN 928,686,000 compared to MXN 796,328,000 a year ago. Ebitda was MXN 1,235,052,000 compared to MXN 1,125,535,000 a year ago. Income before taxes was MXN 663,583,000 compared to MXN 579,596,000 a year ago.
For the full year, the company reported a net income of MXN 1,762,450,000 compared to MXN 1,708,237,000 a year ago. Sales were MXN 71,373,528,000 compared to MXN 66,363,770,000 a year ago. Operating income was MXN 3,452,512,000 compared to MXN 3,106,344,000 a year ago. Ebitda was MXN 4,683,754,000 compared to MXN 4,435,602,000 a year ago. Income before taxes was MXN 2,554,379,000 compared to MXN 2,190,047,000 a year ago. Flows used in operating activities were MXN 462,352,000 compared to flows generated in operating activities of MXN 324,553,000 a year ago. Purchase of property and equipment was MXN 2,170,105,000 compared to MXN 2,434,330,000 a year ago. Intangible assets, advances and other were MXN 128,106,000 compared to MXN 116,666,000 a year ago. At the end of December 2014, the company had net bank debt of MXN 3,371 million which is comprised of MXN 1,265 million of short-term debt, MXN 2,900 million of long-term debt and MXN 793 million in cash and cash equivalents.