Eleva Famsa 17.7% its flow -Reforme – 27/07/2018

The rise of formal customers, door-to-door sales and various business strategies enabled Grupo Famsa to reach operating EBITDA of 441 million pesos, an annual increase of 17.7% in the second quarter During the period, its sales increased by 14.1%, from 4 268 million pesos to 4 thousand 868 million, mainly because of its division in Mexico, for a stable economy, for Mother's Day, the Football World Cup, the reinforcement of the cambaceo, his sales force from house to house, and the granting of credits via payroll, according to Abelardo García.

The financial director of Grupo Famsa highlighted the dynamics of consumption in the country, where the electronics segment grew by 18%, the calculation of 37% and the cell segment by 16.7%.

"The second quarter operation was very good, we brought a growth in Mexico by 16% in terms of The director said that US revenues in the same stores increased by 3%, taking account of the fact that they continued with the closure of units., to leave the most profitable, and currently accounting for 9 percent of the company's sales, when the previous year was 11 to

During the quarter, it recorded a net loss of 29 million pesos, which contrasts with a gain of 379 million pesos in the same period of the previous year.

Banco Famsa a realized an 18.1% increase in deposits, adding 27 thousand 504 million pesos, which is the main source of Grupo Famsa financing, which represents 74.6%.

"The share of fundraising continues to grow significantly, let's say it's ux arm (important of the Group), the collection and placement of credit, via sales s ", emphasized García.