Cencosud
Department Stores, Shopping Centers & Superstores · Chile · 11-50 Employees
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Overview
Headquarters
ChileWebsite
www.cencosud.clRevenue
<$5 MillionIndustry
About Cencosud
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Cencosud News & Media
Cencosud to Increase Investments by 16% in 2025, Reaching USD 610 Million
SANTIAGO, Chile--(BUSINESS WIRE)--From Sky Costanera, the highest observation deck in South America, Cencosud held its annual presentation to investors and market analysts, unveiling its investment plan for the year. The event was attended by investment banks, representatives from pension funds, and both domestic and international investors. For 2025, the company projects revenues of USD 17.95 billion and an Adjusted EBITDA of USD 1.87 billion, reflecting an EBITDA margin of 10.4%, driven by doCencosud S.A. Increases Profit by 75.1% in Second Quarter
SANTIAGO, Chile--(BUSINESS WIRE)--Cencosud S.A. announced its second-quarter results today, reporting a profit of CLP 109,777 million (USD 117 million), a 75.1% increase compared to the same period last year. Revenues, rose 9.9% between April and June 2024, compared to the same period in 2023, totaling CLP 3,962,806 million (USD 4,240 million). This result was driven by the strength of the supermarket business, market share gains in Argentina, higher online sales penetration, which reached USDCencosud Placed a US$ 650 Million International Bond, Achieving the Lowest Risk Premium in Its History
SANTIAGO, Chile--(BUSINESS WIRE)--Cencosud S.A. placed a US$ 650 million 7-year international bond at a rate of 5.95%, with initial demand exceeding US$ 3.2 billion. The operation received 230 orders and funds will be used for prepaying an international bond and the debt associated with the acquisition of The Fresh Market in the United States. Specifically, this transaction will allow Cencosud to pay in full the outstanding principal amount of US$ 524 million of the seniorCencosud's revenues increased 12.4% in the first quarter of 2024
SANTIAGO, Chile--(BUSINESS WIRE)--Cencosud S.A. reported today its first-quarter results, with revenues of CLP $ 3,938,070 million, an increase of 12.4% compared to the same period of the previous year. Among business categories with solid performance, double-digit growth in online sales (12.3%), the penetration of private label sales in the region (+15.9%), and the increase in market share in Argentina stand out. "Despite a challenging economic context, we were off to a strong start in 2024,
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Frequently Asked Questions Regarding Cencosud
Cencosud is a leading multi-brand retailer in South America, headquartered in Chile and with operations in Chile, Brazil, Argentina, Peru and Colombia. The Company operates in supermarkets, home improvement stores, shopping centers and department stores and maintains a financial services portfolio through a wholly-owned subsidiary in Argentina and... Read More