Almacenes Exito SA (FRA:7QX)

€ 3.94 -0.06 (-1.5%) Market Cap: 639.19 Mil Enterprise Value: 1.57 Bil PE Ratio: 67.88 PB Ratio: 0.46 GF Score: 60/100

Q4 2019 Almacenes Exito SA Earnings Call Transcript

Feb 21, 2020 / 02:00PM GMT

Transcript

Operator

Welcome to the Grupo Exito's Fourth Quarter 2019 Results Conference Call. My name is Hilda, and I will be your operator for today. (Operator Instructions) Please note that this conference is being recorded.

I will now turn the call over to Mrs. Maria Fernanda Moreno, Investor Relations Manager. Mrs. Moreno, you may begin.

MarÃ;a Fernanda Moreno RodrÃ;guez;xito S.A.;IR Director

Almacenes Ã

- -

Thank you, Hilda. Good morning, everyone, and thank you for joining us today for Grupo Exito's Fourth Quarter and 2019 Call. At this time, I'm pleased to present our Chief Executive Officer, Mr. Carlos Mario Giraldo; our recently appointed Chief Financial Officer, Mr. Ruy Souza. We would like to welcome Ruy to our team of executives and hope he enjoys his new role in the company.

For this quarter's results, please note that the sale to Casino of the shares that Ãxito held in CBD, Segisor and Wilkes closed on November 27, 2019; hence, assets and liabilities of those subsidiaries were included

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