Grupo LALA Reports Third Quarter 2019 Results
Grupo LALA Reports Third Quarter 2019 Results |
[21-October-2019] |
MEXICO CITY, Oct. 21, 2019 /PRNewswire/ -- Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious foods, ("LALA") (BMV: LALAB), today reported results for the third quarter 2019. The following information has been presented based on International Financial Reporting Standards (IFRS) and in nominal terms. Quarter Highlights:
The following chart provides an abridged Income Statement, in millions of pesos. The margin for each figure represents its ratio to net sales for the quarter ended on September 30, 2019 as compared to the same period in 2018. Net Sales and EBITDA information related to Q3'18 has been presented on "comparable" basis. Comparable Q3'18 figures will include the effect of IFRS 16 and the deconsolidation of Elopak.
(1) Branded Sales exclude raw materials sales MESSAGE FROM MANAGEMENT Mauricio Leyva, Grupo LALA's CEO, commented: Please click on the following link for a PDF file containing the full text of the press release: https://www.lala.com.mx/pdf/docs/Earnings%20release%20Q3'19%20v7%20sv.pdf Please click on the following link for a PDF file containing the full text of the press release in Spanish: CONFERENCE CALL To participate, please dial-in ten minutes ahead of the scheduled time. To access the replay service (7 days), please dial: CONTACT – INVESTOR RELATIONS View original content:http://www.prnewswire.com/news-releases/grupo-lala-reports-third-quarter-2019-results-300942509.html SOURCE Grupo LALA, S.A.B. de C.V. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Company Codes: Mexico:LALA.B |
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