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Alsea increases profits by 41% in 3Q16

Alsea aumenta un 41% sus utilidades en el tercer trimestre de 2016

Intel ID : 242071
Synopsis

Alsea (BMV:ALSEA), a Mexico-based food and restaurant franchises operator, registered a profit of USD 9.9m, an increase of 41% in 3Q16, compared to the same period of 2015, the company announced in a press release issued on 27 October 2016.

In the financial statements submitted to regulator Mexican Stock Exchange (BMV), Alsea noted that the results are due to the improvement of its operational profits and the increase of its revenues.
(content in spanish)

Alsea (BMV:ALSEA), gestora mexicana de franquicias de comida y restauración, ha registrado un aumento del 41% en sus utilidades durante el tercer trimestre de 2016, comparado con el mismo periodo de 2015, ha informado la compañía en un comunicado publicado el 27 de octubre de 2016.

En concreto, la compañía ha obtenido ganancias por USD 9,9m en el tercer trimestre de 2016.

En la presentación de resultados, remitida a la Bolsa Mexicana de Valores (BMV), Alsea ha explicado que los resultados se deben a la mejora de su utilidad operacional y al aumento de sus ingresos.

Relevant Documents

Target

Alsea
Mexico

Intel ID 242071
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - Alsea
(31 Dec 2017)
Revenue: EUR 1.803,60m
EBITDA: EUR 274,23m
Exchange Rate:
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Type
Intel Grade
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Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Tourism, Hotels and Restaurants (Primary)
Primary Sector (TTRSC)
15.10.07 Restaurants, Bars & Nightlife
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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