Grupo Comercial Chedraui SAB de CV (FRA:2GCB)
€ 5.45 -0.15 (-2.68%) Market Cap: 5.58 Bil Enterprise Value: 8.20 Bil PE Ratio: 15.31 PB Ratio: 2.39 GF Score: 90/100

Q2 2022 Grupo Comercial Chedraui SAB de CV Earnings Call Transcript

Jul 27, 2022 / 02:00PM GMT
Release Date Price: €2.86 (+1.42%)
Operator

Greetings, and welcome to the Grupo Chedraui's Q2 FY '22 Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Antonio Chedraui. Sir, Please go ahead.

Jose Antonio Chedraui Eguia
Grupo Comercial Chedraui, S.A.B. de C.V. - CEO & Director

Good morning. It is my pleasure to be with you today for this conference call regarding Grupo Chedraui's second quarter 2022 results. In this second quarter of the year, we achieved excellent results in an inflationary environment that has not been experienced in decades. Customers continue to recognize Grupo Chedraui's formats for the differentiated and attractive value proposition that has allowed us to grow while expanding profitability. We have sustained a growth rate above the market and above inflation. For our operational and financial [leader], we have been able to expand both the EBITDA margin and net income. Due to this, we approach the second half of the year with the commitment to continue to create value for

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