Grupo Comercial Chedraui, S.A.B. DE C.V. reported consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported sales of MXN 26,112,741,000 compared to MXN 24,872,760,000 a year ago. Operating income was MXN 1,183,063,000 compared to MXN 1,140,908,000 a year ago. EBITDA was MXN 1,596,559,000 compared to MXN 1,537,452,000 a year ago. Income before taxes was MXN 828,004,000 compared to MXN 787,242,000 a year ago. Net income was MXN 542,672,000 compared to MXN 501,206,000 a year ago.

For the full year, the company reported sales of MXN 94,582,515,000 compared to MXN 88,528,580,000 a year ago. Operating income was MXN 4,418,276,000 compared to MXN 4,254,381,000 a year ago. EBITDA was MXN 6,039,093,000 compared to MXN 5,746,983,000 a year ago. Income before taxes was MXN 3,237,545,000 compared to MXN 3,072,790,000 a year ago. Net income was MXN 2,117,355,000 compared to MXN 2,009,667,000 a year ago. Cash flows from operating activities were MXN 4,792,189,000 compared to MXN 3,204,624,000 a year ago. Purchase of property and equipment was MXN 2,994,798,000 compared to MXN 3,280,565,000 a year ago. Purchase of intangible assets was MXN 183,292,000 compared to MXN 146,955,000 a year ago. CapEx invested in 2017 was MXN 3,178 million.

For the year 2018, the company expects total CapEx to be MXN 3,950 million.