Monday, July 14, 2014

Net revenues of Grupo Pão de Açúcar reaches r $ 15.2 billion

The Grupo Pão de Açúcar (GPA) earned net revenues of r $ 15.2 billion in the second quarter of the year, representing 13.4% advance in comparison with the same period in 2013. In the first half the company reported growth of 12.6% and reached the amount of R $ 30.2 billion in the period.
In a statement, the GPA reported that food retailers with operations Pão de Açúcar, Extra and Extra mini market in net billing increment had, from 14.5% in quarterly comparison (April, may and June) last year. With that supermarket operations raised R $ 8.41 billion. In the half-yearly result the amount reached r $ 16.67 billion, up 13%.
The categories that showed better performance in sales according to the GPA were groceries, drinks and fish directly impacted by seasonality of Easter. This ' effect ' benefited from the second trimester calendar in 1.1 percentage point.
The wholesale operation Assaí grew 35.8% their net sales. The network reported that the opening of new stores in strategic regions-Northeast-helped and continues to be the focus of the flag to new businesses. In the last 12 months the Assai opened 11 new units and the prospect is that the operation has greater emphasis with the possibility of the GPA accelerate opening of new points.
Don't feed Via Retail operations also recorded high in the period. In the second quarter, the subsidiary's net revenue was R $ 5.52 billion, a growth of 8%. In the first half the amount was r $ 10.97 billion, up 6.9%. The new Dotcom-ecommerce-showed growth significantly from 35.1% in the comparison of revenues for the second quarter of 2013, reaching R $ 1.28 billion. In the first half, revenue rose by 43.4%, to $ 2.59 billion.
The growth of this area was underpinned by increasing the number of visits in the virtual stores of the network, in the improvement of purchase conversion rate and greater representativity of the operation site aggregators, the marketplace.
The opening of stores played a key role in all operations. 116 units were opened in the last 12 months, helping the performance of "same stores"-and open units for more than a year, grew by 9.5% in the quarter.
Diário Comercio Indústria & Serviços - 14/07/2014
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