InRetail Peru Corp (OTCPK:INREF)
$ 26.84 +2.2967 (+8.56%) Market Cap: 3.87 Bil Enterprise Value: 6.12 Bil PE Ratio: 13.73 PB Ratio: 1.88 GF Score: 73/100

Q3 2025 InRetail Peru Corp Earnings Call Transcript

Nov 14, 2025 / 01:30 PM GMT
Release Date Price: $26.84

Key Points

Positve
  • InRetail Peru Corp (LIM:INRETC1) reported a mid-single-digit growth in consolidated revenues of 3.5% despite challenging economic conditions.
  • The company successfully issued approximately $500 million of senior unsecured notes, achieving the lowest spreads ever for retail shopping malls.
  • The food retail segment showed resilience with a 5.4% growth in revenues, driven by strong performance in the mass format.
  • The pharma segment posted a positive growth in revenues, supported by steady performance in the pharmacy unit and operational efficiencies.
  • InRetail Peru Corp (LIM:INRETC1) made significant progress in ESG initiatives, including reducing emissions and donating over 4 million food rations.
Negative
  • The shopping mall segment experienced a decline in revenues by 5%, primarily due to the continued closure of the Real Plaza Mall in Trujillo.
  • Net income decreased by 12.7% compared to the previous year, impacted by higher net financial expenses and a decline in adjusted EBITDA.
  • The company faced a challenging comparison basis due to high consumption levels in 2024, affecting same-store sales growth.
  • The pharma segment's distribution unit in Peru saw a decline in revenues due to a change in business model prioritizing cash flow over top-line growth.
  • Operational expenses increased due to new store openings, higher logistics costs, and a new minimum wage, impacting short-term financial results.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

INRETC1.LM - InRetail Peru Corp
Q3 2025 InRetail Peru Corp Earnings Call
Nov 14, 2025 / 01:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to In Retail Peru's 3rd quarter 2025 conference call. At this time, all participants are in a listen-only mode, and please note that this call is being recorded. After the presentation, we will open the floor for questions. At that time, instructions will be given as to the procedure to follow if you would like to ask a question. Also, you can submit.

Submit online questions at any time today using the chat function on the left side of the webcast platform, and they will be answered after the presentation during the Q&A session. Simply type your question in the box and click send.

Before we begin, I would like to remind you that today's call is for investors and analysts only. Therefore,
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