Grupo Comercial Chedraui, S.A.B. DE C.V. Reports Earnings Results for the Second Quarter and Year to Date Ended June 2013
July 24, 2013
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Grupo Comercial Chedraui, S.A.B. DE C.V. reported earnings results for the second quarter and year to date ended June 2013. For the quarter, the company reported sales of MXN 15,893,016,000 against MXN 15,643,865,000 a year ago. Operating income was MXN 784,137,000 against MXN 768,230,000 a year ago. EBITDA was MXN 1,122,229,000 against MXN 1,084,975,000 a year ago. Income before taxes was MXN 569,022,000 against MXN 529,422,000 a year ago. Consolidated net income was MXN 443,838,000 against MXN 412,950,000 a year ago.
For year to date, the company reported sales of MXN 31,758,113,000 against MXN 30,441,864,000 a year ago. Operating income was MXN 1,571,999,000 against MXN 1,482,774,000 a year ago. EBITDA was MXN 2,238,233,000 against MXN 2,113,693,000 a year ago. Income before taxes was MXN 1,100,548,000 against MXN 1,006,413,000 a year ago. Consolidated net income was MXN 858,428,000 against MXN 785,002,000 a year ago. Cash flows used in operating activities was MXN 1,452,318,000 against MXN 1,128,490,000 a year ago. Purchase of property and equipment was MXN 1,584,211,000 against MXN 882,348,000 a year ago.
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.
GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. 
