Investor Presentaiton
2013 Financial and
Social Responsibility Report
1,466
2,279
UNITS
2,709
2,630
2,861
•
•
'09
'10
'11
'12
'13
total units*
CONSOLIDATED RESULTS:
Total income amounted to 425.2 billion pesos, an increase of 3.2%
EBITDA grew to 40.2 billion pesos
Cash generation totaled 40.0 billion pesos, allowing us to finance:
Some 14.0 billion-peso investment in fixed assets, earmarked for the grand
opening of 235 units; remodeling and maintenance of our installed capacity; and
investing in our future: eCommerce.
Record figure in the history of Walmex -totaling 19.4 billion pesos- in the payment
of dividends and the repurchase of own shares, that is, 16.1 and 3.3 billion pesos,
respectively.
On a comparable basis, excluding the store lease expense, general expenses
increased 5.2%, whereas the sales floor growth was 7.1%.
•
Our balance closed at 21.1 billion pesos in cash.
* Excluding Vips in 2012 & 2013
'09
'10
'11 '12
'13
number of associates*
In Mexico we continued growing despite challenging macroeconomics:
•
.
•
Total income totaled 367.7 billion pesos, representing 3.4% growth.
EBITDA posted 36.8 billion pesos, which is 10.0% of income.
Installed capacity increased 7.2% due to the opening of 214 new units.
In Central America profitability recovered, as reflected in the benefits derived
from integrating systems, processes and formats with those operating in Mexico:
.
Total income amounted to 57.4 billion pesos, increasing 2.1% and 5.7% on a
constant currency basis.
Gross margin grew 10.1%, representing 22.4% of income.
• Operating income posted 45.0% a total of 2.1 billion pesos.
•
EBITDA generated 3.4 billion pesos, growing 24.3%.
Installed capacity increased 6.1% due to the opening of 21 new units, allowing us to
leverage our overhead, which grew 5.8%.
The results achieved in 2013 are a direct reflection of important strategic
adjustments made in light of a challenging economic situation. Said results
confirm our financial soundness, allowing us to expand the business and repay
the confidence and trust of our shareholders.
8
176,463
1.2
'09
'10
'11
'12
'13
customers served*
ASSOCIATES
219,767
BILLION CUSTOMERS
1.6
264
cities w/walmex presence*
238,128
228,819
226,289
'09
10
'11 '12
'13
1.8
384
1.9
2.0
467
CITIES
504
540View entire presentation