FY 2022 Results
Latin America: Successful integration of Grupo BIG
Acceleration of conversion plan
2022
2023
AFTER CONVERSION
BIG>
20 stores ✓
27 stores*
BIG >
13 stores ✓
15 stores
maxxi
25 stores
13 stores
70 Atacadão
47 Carrefour
TodoDia
A
4 stores
7 Sam's Club
BIG>
Sam's
1 store
6 stores*
59 stores
65 stores
(vs c.35 initially planned)
*2 stores will be converted to Hypermarket and Club (combo)
Capture of synergies well on track: R$160m booked in 2022 accounts - R$2.0bn 2025 objective confirmed
> 100% of the front office IT systems integrated
> Head office structures reduced by 23%
> Negotiations with suppliers concluded and to be fully reflected in P&L in FY 23
> Strong sales uplift at converted stores
FY 2022 RESULTS
February 14, 2023
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