Almacenes Exito SA (NYSE:EXTO)

$ 3.85 -0.08 (-2.04%) Market Cap: 624.59 Mil Enterprise Value: 1.71 Bil PE Ratio: 89.53 PB Ratio: 0.41 GF Score: 57/100

Q3 2019 Almacenes Exito SA Earnings Call Transcript

Nov 15, 2019 / 02:00PM GMT

Transcript

Operator

Welcome to the Grupo Ãxito's Third 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. MarÃa 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. Thank you for joining us today for Grupo Ãxito's Third Quarter 2019 Call. At this time, I'm pleased to present Chief Operating Officer, Mr. Jacky Yanovich; Chief Financial Officer, Mr. Manfred Gartz; and Chief Executive Officer, Mr. Carlos Mario Giraldo. For this quarter results, please note that the sale of Casino of the shares that Ãxito held in the operating subsidiaries CBD and in the holding subsidiaries, Segisor and Wilkes, was approved by the Board of Directors and at the General Shareholders' Meeting held last September 12, 2019, at a price of BRL 113 per share.

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