Cencosud increases profits by 68% in 2Q16
Cencosud aumenta un 68% sus utilidades en el segundo trimestre de 2016
Intel ID : 239965
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Cencosud (BCS:CENCOSUD), a Chile-based retail store operator, registered a 68% increase in profits in 2Q16, compared to the same period of 2015, announced the company in a press release published 25 August 2016. Specifically, the company registered a profit of USD 131m in 2Q16. According to the results report, Cencosud noted these figures are a result of an improvement in the results of its operational profits and the revaluation and sale of non-strategic assets.
(content in spanish)
Cencosud (BCS:CENCOSUD), gestora chilena de tiendas de retail, ha registrado un aumento del 68% en sus utilidades durante el segundo trimestre de 2016, comparado con el mismo periodo de 2015, ha informado la compañía en un comunicado publicado el 25 de agosto de 2016. En concreto, la compañía ha obtenido ganancias por USD 131m en el segundo trimestre de 2016. De acuerdo con el informe de resultados, Cencosud ha explicado que los resultados se deben a la mejora de su utilidad operacional y a la revaluación y venta de activos no estratégicos. |
Relevant Documents
| Press Release | 25 Aug 2016 | Cencosud_Nota_de_Prensa_2016.pdf | ES |
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| Intel ID | 239965 | |
| Value | ND | |
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US Dollar (USD)
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Financial Data - Cencosud
(31 Dec 2013) |
Revenue: EUR 14,27m EBITDA: EUR 1,00m Exchange Rate:
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15.05.11 Multiline Retail (Department, Discount & Convenience Stores) 15 Consumer Products & Services / 15.05 Distribution & Retail |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.