Earnings release
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CHEDRAUI , cuesta menos cotiza en Bolsa Mexicana CHDRAUI GRUPO COMERCIAL CHEDRAUI , S.A.B. DE C.V. THIRD QUARTER 2021 RESULTS Mexico City , October 27 , 2021 - Grupo Comercial Chedraui , S.A.B. de C.V. reports its 2021 third quarter results . All figures in this report are shown in nominal terms and reported in accordance with International Financial Reporting Standards ( IFRS ) . Quarter Highlights : 9.1 % same store sales increase in Mexico vs. ANTAD's 5.4 % increase 7.5 % consolidated EBITDA margin , + 46.5 % year on year , + 11.7 % on a comparable basis 40 % consolidated Net Income increase YoY ; + 261 % vs Q3'19 Close of Smart & Final acquisition on July 28 , 2021 Proforma leverage ratio : 0.91x in Q3'21 CONSOLIDATED RESULTS FOR THE THIRD QUARTER 2021 The following chart summarizes the Income Statement in million pesos for the third quarter 2021. The margin for each figure represents its ratio to net sales as compared to the same period in 2020 . MXN in millions As reported Q3'20 As reported Net Sales 35,412 % NS 100.0 % Q3'21 % NS Var % Q3'21 Comparable ( 1 ) % NS Var % 52,473 100.0 % 48.2 % 36,779 100.0 % 3.9 % Gross Profit 8,148 23.0 % 11,835 22.6 % 45.3 % 8,360 22.7 % 2.6 % Operating Income 1,694 4.8 % 2,521 4.8 % 48.8 % 2,148 5.8 % 26.8 % EBITDA 2,677 7.6 % 3,923 7.5 % 46.5 % 2,991 8.1 % 11.7 % Recurring EBITDA ( 2 ) 2,677 7.6 % 4,206 8.0 % 57.1 % 2,991 8.1 % 11.7 % Net Income 640 1.8 % 896 1.7 % 40.0 % 1,028 2.8 % 60.6 % Recurring Net Income ( 2 ) 640 1.8 % 1,084 2.1 % 69.4 % 1,028 2.8 % 60.6 % ( 1 ) Comparable excludes the effect of the consolidation of the Smart & Final result ( 2 ) " Recurring " excludes one - time expenses related to the Smart & Final acquisition Contact : Humberto Tafolla Núñez Chief Financial Officer Tel . +52 ( 228 ) 8-42-11-10 htafolla@chedraui.com.mx Ticket : CHDRAUI B Jesús Arturo Velázquez Díaz Investor Relations Tel . +52 ( 228 ) 8-42-11-17 avelazquez@chedraui.com.mx 1