Earnings release
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Walmart de México y Centroamérica Reports Results for the Fourth Quarter 2020 FREE TRANSLATION , NOT TO THE LETTER Mexico City , February 18 , 2021 Financial Results Today Wal - Mart de México , S.A.B. de C.V. ( BMV : WALMEX ) reported financial results for the fourth quarter of 2020. Total revenues increased 5.5 % . EBITDA for the quarter amounted to $ 22.3 billion pesos , which represented 11.4 % of total revenues , an increase of 8.5 % over last year's levels . Main figures are : Results 2020 2019 Growth October - December Million $ MXN % Net Sales Other Income Total Revenues Cost of Sales 194,724 1,264 195,988 100.0 ( 150,642 ) ( 76.9 ) Million $ MXN 184,369 % % 5.6 1,375 ( 8.1 ) 185,744 100.0 5.5 ( 143,627 ) ( 77.3 ) 4.9 Gross Profit 45,346 23.1 42,117 22.7 7.7 General Expenses ( 27,553 ) ( 14.1 ) ( 25,989 ) ( 14.0 ) 6.0 Income before Other Income Net Other Income ( Expenses ) - Net 17,793 9.1 16,128 8.7 10.3 81 0.0 72 0.0 13.4 Operating Income 17,874 9.1 16,200 8.7 10.3 Financial Income ( Expenses ) - Net ( 1,191 ) ( 0.6 ) ( 1,391 ) ( 0.7 ) ( 14.3 ) Taxes ( 4,080 ) ( 2.1 ) ( 3,577 ) ( 1.9 ) 14.1 Net Income 12,603 6.4 11,232 6.0 12.2 EBITDA EPS ( in pesos ) 22,347 0.722 11.4 20,591 11.1 8.5 0.643 12.2 EPS = Earnings per share This document may contain certain references concerning Wal - Mart de México S.A.B. de C.V.'s future performance that should be considered as good faith estimates made by the Company . These references are a reflection of Managements ' expectations about the Company and are based upon currently available data . Actual results are always subject to future events , risks and uncertainties , which could materially impact the Company's actual performance . February 18 , 2021 Walmart México y Centroamérica