Grupo LALA Reports Fourth Quarter And Full Year 2015 Results

LALA reached an 8.2% increase in Net Sales closing at 12,530 million pesos.

Margin EBITDA expansion of 180bps for closing at 14.4% EBITDA margin.

Net Income of 1,034 million pesos, reaching a 43.0% increase YoY.

LALA declared a dividend payment of $0.54 pesos per share to be paid in 4 installments.

Acquisition of "La Perfecta" Company in Nicaragua to expand Central America operations.

Feb 22, 2016, 16:18 ET from GRUPO LALA

MEXICO CITY, Feb. 22, 2016 /PRNewswire/ -- Grupo LALA, S.A.B. de C.V., the Mexican Company focused on healthy and nutritious foods, ("LALA") (BMV: LALAB), today reported results for the fourth quarter and full year 2015. The following information has been presented based on International Financial Reporting Standards (IFRS) and in nominal terms.

The following chart provides an abridged Income Statement, in millions of pesos. The margin for each figure represents its ratio to net sales and the percentage change from the quarter ended December 31, 2015, as compared with the same period in 2014:

 

P&L

4th. Q ´14

% Sales

4th. Q ´15

 % Sales

Var. %

Net Sales

$  11,584

100.0%

$  12,530

100.0%

8.2%

Gross Profit

4,298

37.1%

4,911

39.2%

14.3%

Operating Income

1,202

10.4%

1,490

11.9%

24.0%

EBITDA(1)

1,462

12.6%

1,802

14.4%

23.2%

Net Income(2)

723

6.2%

1,034

8.3%

43.0%







(1) EBITDA is defined as operating income before depreciation and amortization.
(2) Net Income refers to Consolidated Net Income.






The following chart provides an abridged Income Statement, in millions of pesos. The margin for each figure represents its ratio to net sales and the percentage change from the year ended December 31, 2015, as compared with the same period in 2014:

 

P&L

2014

% Sales

2015

 % Sales

Var. %

Net Sales

$  44,993

100.0%

$  48,183

100.0%

7.1%

Gross Profit

16,312

36.3%

18,858

39.1%

15.6%

Operating Income

4,470

9.9%

5,640

11.7%

26.2%

EBITDA(1)

5,471

12.2%

6,810

14.1%

24.5%

Net Income(2)

3,116

6.9%

3,953

8.2%

26.9%







(1) EBITDA is defined as operating income before depreciation and amortization.
(2) Net Income refers to Consolidated Net Income.






Message from Management

Scot Rank, Grupo LALA's CEO:

"2015 was a year of many challenges, but also of significant achievements, it was a year when LALA was able to prepare to face the future, maintaining the solid results that define us."   He added: "With the right approach and strategies, during 2016 we will keep delivering results that reiterate the commitment towards distribution of value for all of our interest groups."

Please click on the following link for a PDF file containing the full text of the press release: GRUPO LALA REPORTS FOURTH QUARTER & FULL YEAR 2015 RESULTS

Please click on the following link for a PDF file containing the full text of the press release in Spanish: GRUPO LALA REPORTA RESULTADOS DEL CUARTO TRIMESTRE Y AÑO COMPLETO 2015

About LALA

Grupo LALA, a Mexican company focused on healthy and nutritious food, has over 65 years of experience in producing, revitalizing and marketing milk, dairy products and drinks with the highest quality standards. There are 17 LALA production plants in operation and 165 distribution centers in Mexico and Central America, and it has more than 34,000 team members. LALA operates a fleet of more than 7,500 vehicles to distribute their 600+ products, which are delivered to over half a million points of sale. LALA´s portfolio it´s led by its two flagship brands LALA® and Nutri Leche®.

For more information, visit: www.grupolala.com

Grupo LALA is listed on the Mexican Stock Exchange under the ticker symbol "LALA B"

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SOURCE GRUPO LALA



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