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.
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. |
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. |
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"
Logo - http://photos.prnewswire.com/prnh/20160128/327167LOGO
SOURCE GRUPO LALA
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