Grupo Comercial Chedraui, S.A.B. DE C.V. Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015
February 28, 2016
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Grupo Comercial Chedraui, S.A.B. DE C.V. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net income of MXN 455,071,000 compared to MXN 451,308,000 a year ago. Sales were MXN 21,997,859,000 compared to MXN 20,305,182,000 a year ago. Operating income was MXN 984,936,000 compared to MXN 928,686,000 a year ago. Ebitda was MXN 1,327,175,000 compared to MXN 1,235,052,000 a year ago. Income before taxes was MXN 669,222,000 compared to MXN 663,583,000 a year ago.
For the full year, the company reported net income of MXN 1,789,528,000 compared to MXN 1,762,450,000 a year ago. Sales were MXN 78,647,865,000 compared to MXN 71,373,528,000 a year ago. Operating income was MXN 3,678,479,000 compared to MXN 3,452,512,000 a year ago. Ebitda was MXN 4,981,101,000 compared to MXN 4,683,754,000 a year ago. Income before taxes was MXN 2,639,192,000 compared to MXN 2,554,379,000 a year ago. Cash flows used in operating activities were MXN 113,702,000 compared to MXN 462,352,000 a year ago. Purchase of property and equipment was MXN 2,860,729,000 compared to MXN 2,170,105,000 a year ago. Intangible assets, advances and other were MXN 79,963,000 compared to MXN 128,106,000 a year ago. CAPEX invested was MXN 2,778 million. Net debt reduced MXN 566 million.
Grupo Comercial Chedraui SAB de CV is a Mexico-based company primarily engaged in the retail and real estate sectors. The Companyâs activities are structured into three business areas: Self Service Mexico, which includes a network of over 140 Chedraui and 39 Super Chedraui supermarkets located in over 20 Mexican states; Self Service Unites States, which comprises the operation of 36 El Super convenience stores established mainly in the southern-east region of the United States, and Real Estate, which specializes in the acquisition, management, development and promotion of residential and non-residential properties, as well as in the construction and redecorating of the Companyâs stores and facilities.