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Grupo Éxito posted solid consolidated growth during 3Q22; Net Revenue rose 22.6% to COP5.1 billion driven by retail and the real estate business performances
In Colombia, Grupo Éxito sales growth far exceeded total inflation from internal efforts and anticipated purchases (internal food inflation grew 5.7 percentage points below the country's)
YTD sales in Colombia amounted to COP10.2 billion; e-commerce channels maintained a solid 19.1% growth, while innovative formats, led by Éxito Wow and Carulla FreshMarket, accounted for 38.4% of sales
Consolidated recurring EBITDA was COP398,998 million during 3Q22 (+12.9%) and reflected the good performance of innovative formats...