Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Mexican Stock Exchange  >  Organización Soriana, S. A. B. de C. V.    SORIANA B   MXP8728U1671

ORGANIZACIÓN SORIANA, S. A. B. DE C. V.

(SORIANA B)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Organizacion Soriana S.A.B. de C.V. : Soriana Announces Investment Plan 2013

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/01/2013 | 11:47am EST


SORIANA ANNOUNCES INVESTMENT PLAN 2013 Monterrey, Nuevo León February 1st 2013. Organización Soriana, S.A.B. de C.V. (Soriana)

gladly announces its 2013 investment plan for $4.6 billion pesos. (US $357 Million)
This investment will be assigned in large proportion to open 60 new stores located all around Mexican Republic, also to increase land reserve, the renewal of the technological platforms and to improve the distribution network, being the above key fundamental pieces that will sustain the future growth plans of the Company.
As mentioned above, during the 2013 we expect an approximately increase of 4 to 5% in installed capacity of total sales floor area and have presence in 240 cities nation-wide.
"The investment directed to open the new stores will be 2.5 billion pesos (US $194
Million). This year we also plan to continue strengthening the growth of our store format Mercado Express, which currently has 72 units located in 24 of the 32 states of the Republic". said Mr. Aurelio Adan, CFO of Organización Soriana.
As another important event of the Company, during the month of March we will begin our 2013 new stores opening plan, expecting to inaugurate 6 new stores in the Hypermarket and Express format. The stores will be located in the states of Tabasco, Chiapas, Yucatán, Guerrero and Jalisco. With the opening of these stores, it is planed to conclude the first quarter of the year with a total of 612 stores in operation nation-wide and the generation of more than 1,000 direct and indirect jobs.
In Organización Soriana, we reaffirm our commitment with the Mexican Families in order to serve and satisfy their shopping needs, to create more jobs for the country and to continue working towards the future in order to consolidate our position in the retail sector of México.

Organización Soriana, S.A.B de C.V. is a commercial sector company with 100% Mexican capital founded in 1968. Its stock went public in the

Mexican Stock Exchange since 1987 under the name SORIANA.

Contacts:

Aurelio Adán H. Rodrigo Benet C.

Phone. (52-81) 83-29-90-06 (52-81) 83-29-90-00 rodrigojbc@soriana.com

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ORGANIZACIÓN SORIANA, S. A
08/27ORGANIZACION SORIANA SAB DE CV : Ex-dividend day for final dividend
FA
2018Amazon to launch food and drink sales in Mexico
RE
2015Mexico's Soriana to Buy Stores From Comercial Mexicana -- Update
DJ
2015Mexico's Soriana to Buy Stores From Comercial Mexicana
DJ
2014ORGANIZACION SORIANA S.A.B. DE C.V. : Ex-dividend day for final dividend
FA
2014Wal-Mart Mexico Same-Stores Sales Down 3% on Year
DJ
2013Diluted Mexico tax reform gives retailers relief but no panacea
RE
2013Mexico cuts outlook as economy shrinks in first since '09
RE
2013Office Depot Urged to Sell Mexico Venture Stake
DJ
2013ORGANIZACION SORIANA S.A.B. DE C.V. : Soriana Announces Investment Plan 2013
PU
More news
Financials (MXN)
Sales 2019 155 B
EBIT 2019 8 709 M
Net income 2019 3 468 M
Debt 2019 25 254 M
Yield 2019 0,81%
P/E ratio 2019 12,3x
P/E ratio 2020 10,1x
EV / Sales2019 0,44x
EV / Sales2020 0,40x
Capitalization 43 524 M
Chart ORGANIZACIÓN SORIANA, S. A. B. DE C. V.
Duration : Period :
Organización Soriana, S. A. B. de C. V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ORGANIZACIÓN SORIANA, S. A
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 25,92  MXN
Last Close Price 24,18  MXN
Spread / Highest target 32,3%
Spread / Average Target 7,20%
Spread / Lowest Target -21,8%
EPS Revisions
Managers
NameTitle
Ricardo Martín Bringas Chief Executive Officer
Francisco Javier Martín Bringas Chairman
Sergio Fernando Martínez San Germán Chief Information Technology Officer
Ana María Martín Bringas Director
Guillermo Torre López Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ORGANIZACIÓN SORIANA, S. A. B. DE C. V.-14.38%2 269
WALMART INC.27.79%339 892
ALIMENTATION COUCHE-TARD INC.17.60%34 483
SM INVESTMENTS CORPORATION--.--%25 145
AVENUE SUPERMARTS LTD23.50%17 458
COLES GROUP LIMITED31.52%14 047