São Paulo, February 12th, 2015 – GPA [BM&FBOVESPA: PCAR4; and NYSE: CBD] releases its fourth quarter (4Q14) of 2014 earnings results.
Highlights in the year
Consolidated
Adjusted EBITDA grows 19.7% to R$ 5.4 billion
Expansion of 20.1% of adjusted net income to R$ 2.084 billion
Net cash position 2.4x higher than in the end of 2013
Strong organic growth with the opening of 212 stores
Highlights in the quarter
Consolidated
Adjusted EBITDA advances 21.7%, supported by efficiency gains in all businesses
Food Businesses (Multivarejo + Assaí)
Adjusted EBITDA grows 5.9%, with margin of 10.5%
Adjusted net income of R$ 511 million, with margin of 5.2%
Via Varejo
Adjusted EBITDA grows 40.6%, with margin of 12.7%
Adjusted net income of R$ 375 million, growing 47.1% on 4Q13
Click on the links below in order to access:
4Q14 and FY14 Earnings Release
CONFERENCE CALL WITH WEBCAST
February 13th, 2015
11:00 a.m. (Brasília time) | 8:00 a.m. (NY) | 1:00 p.m. (London)
Conference in English (simultaneous translation)
+1 (646) 843-6054
Webcast: click here.
Conference in Portuguese (original language)
+55 (11) 2188-0155
Webcast: click here.
Replay: +55 (11) 2188-0400
Access code for audio in English: GPA
Access code for audio in Portuguese: GPA
The conference call will also be available in audio format on http://www.gpari.com.br/.
Please dial in five minutes prior to the scheduled conference call time.
Departamento de Relações com Investidores – Investor Relations Team
+55 (11) 3886-0421
gpa.ri@gpabr.com
www.gpari.com.br