Q4 2022 Grupo Comercial Chedraui SAB de CV Earnings Call Transcript
Greetings, and welcome to the Grupo Commercial Chedraui S.A.B de C.V. Q4 2022 Conference Call. (Operator Instructions). As a reminder, this conference is being recorded. And it is now my pleasure to introduce to you, Antonio Chedraui, Grupo Chedraui CEO. Thank you, Antonio. You may begin.
Good morning. It is a pleasure to be with you today at this conference to discuss Grupo Chedraui's results for the fourth quarter and full year of 2022. 2022 was a year of recognition and validation of Grupo Chedraui's value proposition. Customers continue to find value for their money in our stores in all regions in which we operate. In Mexico, we have grown above the market for the last 4 years, while continuing to expand our EBITDA margin. The cash flow generation allowed us to acquire the Arteli operation, which strengthens our presence in the Northeast Mexico without acquiring additional debt.
In the U.S., along with solid levels of sales growth, we surpassed our
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