Cencosud Q1: profits grow but Brazil and Colombia remain challenging

Date : 07 June 2018
Chilean-based retailer Cencosud reported a challenging start to 2018 with mixed overall results heavily impacted by currency fluctuations. Adjusted EBITDA grew by 7.0%, while at a group level sales in Chilean Pesos declined by 4.0%. The sales dip in supermarkets was -5.7%, though this contrasted…
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