{"id":441353,"date":"2021-02-22T18:18:30","date_gmt":"2021-02-22T23:18:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=441353"},"modified":"2021-02-22T18:18:30","modified_gmt":"2021-02-22T23:18:30","slug":"grupo-lala-reports-fourth-quarter-2020-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/","title":{"rendered":"Grupo LALA Reports Fourth Quarter 2020 Results"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MEXICO CITY<\/span>, <span class=\"xn-chron\">Feb. 22, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious foods, (&#8220;LALA&#8221;) (BMV: LALAB), today reported results for the fourth quarter and full year 2020. The following information has been presented based on International Financial Reporting Standards (IFRS) and in nominal terms.<\/p>\n<p \/>\n<p>\n        <b><br \/>\n          <u>Quarter Highlights:<\/u><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Strengthened operations and financial discipline, coupled with business resilience and flexibility, resulted in continued <span class=\"xn-location\">Mexico<\/span> margin stability and a stronger financial position <\/li>\n<li>+10.0% YOY constant currency Sales growth driven by <span class=\"xn-location\">Mexico<\/span> and <span class=\"xn-location\">Brazil<\/span><\/li>\n<li>13.0% reported EBITDA margin for <span class=\"xn-location\">Mexico<\/span>, +450 bps YOY expansion <\/li>\n<li>One-time impacts from <span class=\"xn-location\">Central America<\/span> operations <\/li>\n<li>\n          <span class=\"xn-money\">$616m<\/span> in normalized <sup>(1)<\/sup> Net Income, +300 bps net margin improvement YOY <\/li>\n<li>-0.8% Consolidated Working Capital to Sales; a 140 bps YOY decrease driven by improvements in all regions <\/li>\n<li>Leverage ratio: reported 3.1x Net Debt \/ EBITDA<\/li>\n<\/ul>\n<p>The following chart provides an abridged Income Statement, in millions of pesos. The margin for each figure represents its ratio to net sales for the quarter and the year ended <span class=\"xn-chron\">December 31, 2020<\/span> as compared to the same period in 2019. Operating Income, EBITDA and Net Income information related has been presented on a &#8220;normalized&#8221; basis <sup>(1)<\/sup>.<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnsbr1 prnvab prnsbbs prntal prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b><br \/>\n                    <i>MXN$ in millions<\/i><br \/>\n                  <\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q4&#8217;19<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>% Sales<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Q4&#8217;20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>% Sales<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Var. %<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prntar prnpl6 prnsbl1 prnpr14\">\n              \n            <\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>FY&#8217;19<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>% Sales<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>FY&#8217;20<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>% Sales<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Var. %<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net Sales<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">19,217<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">100%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>20,654<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>100%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>7.5%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">75,784<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">100%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>80,831<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>100%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6.7%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Gross Profit<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6,463<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">33.6%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>7,011<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>33.9%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>8.5%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">26,608<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">35.1%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>27,501<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>34.0%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3.4%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Operating Income <sup>(1)<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">615<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3.2%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,380<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6.7%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>124.5%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5,029<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">6.6%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>5,144<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>6.4%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2.3%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>EBITDA <sup>(1)<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,429<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">7.4%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2,221<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>10.8%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>55.4%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">8,100<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">10.7%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>8,335<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>10.3%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2.9%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Net Income <sup>(1)<\/sup><\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">3<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">0.0%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>616<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>3.0%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>22,343%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen9\">\n              \n            <\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">1,739<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.3%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>1,889<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>2.3%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen8\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>8.6%<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<div>\n<table id=\"convertedTablec4ca\" cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnsbt0 prnsbr0 prnbcc prnsbb0 prnsbl0\">\n<tr>\n<td class=\"prnsbtb0 prnrbrb0 prnvat prnsbtb0 prnpl6 prnsblb0 prnpr8\">\n              \n            <\/td>\n<td class=\"prnsbtb0 prnrbrb0 prnvab prnsbtb0 prnpl6 prnsblb0 prnpr8\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtb0 prnrbrb0 prnvat prnsbtb0 prnpl6 prnsblb0 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(1)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbtb0 prnrbrb0 prnvab prnsbtb0 prnpl6 prnsblb0 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Normalized excludes: Q4&#8217;20 CR Closure and NIC Impairment, Q3&#8217;20 MX one-time tax expense, Q2&#8217;20 US accrual cancellation, Q1&#8217;20 BR tax benefit, and Q4&#8217;19 BR tax benefit<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p \/>\n<p \/>\n<p \/>\n      <\/p>\n<p \/>\n<p>\n        <b>MESSAGE FROM MANAGEMENT<\/b>\n      <\/p>\n<p \/>\n<p>\n        <b>Arqu\u00edmedes Celis, Grupo LALA&#8217;s CEO, commented:<\/b>\n      <\/p>\n<p>\n        <i>&#8220;We\u00b4ve lived through a year of unprecedented circumstances since I rejoined LALA &#8211; a year which underscored the resilience, flexibility and adaptability of our team and our business. Our employee and consumers&#8217; health and well-being remain our priority while we further build out our strategy to ensure our Company prevails through the pandemic and emerges optimally positioned for the future. Despite significant headwinds, we delivered strong results against our stated priorities and initial objectives. Our successful <span class=\"xn-location\">Mexico<\/span> business turnaround has resulted in a stabilized, leaner and substantially more viable operation.&#8221;<\/i>\n      <\/p>\n<p>\n        <i>He continued, &#8220;While we took bold steps to strengthen the profitability of our <span class=\"xn-location\">Mexico<\/span> operations, we simultaneously made difficult decisions to ensure our <span class=\"xn-location\">Central America<\/span> business is aligned with our expectations and value potential, based on our strategic priorities of focusing on core markets, delivering financial discipline, and achieving profitable and sustainable growth. This will further drive our decisions in the year ahead, as we navigate towards to a post-pandemic economy and nimbly adapt to capitalize on evolving trends. As we begin 2021, our Company is now stronger and better positioned to turn to the next phase to build sustainable value for all LALA stakeholders.&#8221;<\/i>\n      <\/p>\n<p>\n        <b>Please click on the following link for a PDF file containing the full text of the press release: <br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3075042-1&amp;h=2905357241&amp;u=http%3A%2F%2Fwww.lala.com.mx%2Fen%2Fwp-content%2Fuploads%2Fsites%2F9%2F2021%2F02%2FEarnings-Release-Q420-v8.pdf&amp;a=http%3A%2F%2Fwww.lala.com.mx%2Fen%2Fwp-content%2Fuploads%2Fsites%2F9%2F2021%2F02%2FEarnings-Release-Q420-v8.pdf\" rel=\"nofollow noopener noreferrer\">http:\/\/www.lala.com.mx\/en\/wp-content\/uploads\/sites\/9\/2021\/02\/Earnings-Release-Q420-v8.pdf<\/a>\n      <\/p>\n<p>\n        <b>Please click on the following link for a PDF file containing the full text of the press release in Spanish:<br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3075042-1&amp;h=3449298172&amp;u=http%3A%2F%2Fwww.lala.com.mx%2Fwp-content%2Fuploads%2F2021%2F02%2FReporte-Resultados-4T20-v4.pdf&amp;a=http%3A%2F%2Fwww.lala.com.mx%2Fwp-content%2Fuploads%2F2021%2F02%2FReporte-Resultados-4T20-v4.pdf\" rel=\"nofollow noopener noreferrer\">http:\/\/www.lala.com.mx\/wp-content\/uploads\/2021\/02\/Reporte-Resultados-4T20-v4.pdf<\/a>\n      <\/p>\n<p>\n        <b>CONFERENCE CALL<br \/><\/b><br \/>\n        <b><br \/>\n          <span class=\"xn-chron\">Tuesday February 23, 2021<\/span>, at <span class=\"xn-chron\">11:00am EST<\/span> \/ <span class=\"xn-chron\">10:00am CST<\/span><br \/><\/b><br \/>\n        <b>Led by: Arqu\u00edmedes Celis (CEO), <span class=\"xn-person\">Alberto Arellano<\/span> (CFO) and David Gonz\u00e1lez (IRO)<br \/><\/b><br \/>\n        <b>Webcast: <\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3075042-1&amp;h=160293739&amp;u=https%3A%2F%2Fnam11.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fpublic.viavid.com%252Findex.php%253Fid%253D143144%26data%3D04%257C01%257Cnicolas.espinoza%2540grupolala.com%257Cfb0bf83f0e124735eee408d8bc9b15ed%257C6bc21fa9e5b8450193dbac165a1c1e6c%257C0%257C0%257C637466721733193416%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C1000%26sdata%3D4M%252FTsZCdAreYRyeiLvARJchFvRKzMeV%252FfOsSW4aGZcg%253D%26reserved%3D0&amp;a=http%3A%2F%2Fpublic.viavid.com%2Findex.php%3Fid%3D143144\" rel=\"nofollow noopener noreferrer\">http:\/\/public.viavid.com\/index.php?id=143144<\/a>\n      <\/p>\n<p>\n        <b>To participate, please dial-in ten minutes ahead of the scheduled time.<br \/><\/b><br \/>\n        <span class=\"xn-location\">Mexico<\/span>: 01 800 522 0034<br \/><span class=\"xn-location\">United States<\/span>: +1 877 705 6003 (Toll-free)<br \/>International: +1 201 493 6725<\/p>\n<p>\n        <b>To access the replay service (7 days), please dial:<br \/><\/b><br \/>\n        <span class=\"xn-location\">United States<\/span>: +1 844 512 2921 (Toll-free)<br \/>International: +1 412 317 6671<br \/>PIN #: 13715420<\/p>\n<p>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY87258&amp;sd=2021-02-22\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/grupo-lala-reports-fourth-quarter-2020-results-301232853.html\">http:\/\/www.prnewswire.com\/news-releases\/grupo-lala-reports-fourth-quarter-2020-results-301232853.html<\/a><\/p>\n<p>SOURCE  Grupo LALA, S.A.B. de C.V.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY87258&amp;Transmission_Id=202102221815PR_NEWS_USPR_____NY87258&amp;DateId=20210222\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MEXICO CITY, Feb. 22, 2021 \/PRNewswire\/ &#8212;\u00a0Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious foods, (&#8220;LALA&#8221;) (BMV: LALAB), today reported results for the fourth quarter and full year 2020. The following information has been presented based on International Financial Reporting Standards (IFRS) and in nominal terms. Quarter Highlights: Strengthened operations and financial discipline, coupled with business resilience and flexibility, resulted in continued Mexico margin stability and a stronger financial position +10.0% YOY constant currency Sales growth driven by Mexico and Brazil 13.0% reported EBITDA margin for Mexico, +450 bps YOY expansion One-time impacts from Central America operations $616m in normalized (1) Net Income, +300 bps net margin improvement YOY -0.8% Consolidated Working Capital &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Grupo LALA Reports Fourth Quarter 2020 Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-441353","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Grupo LALA Reports Fourth Quarter 2020 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grupo LALA Reports Fourth Quarter 2020 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MEXICO CITY, Feb. 22, 2021 \/PRNewswire\/ &#8212;\u00a0Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious foods, (&#8220;LALA&#8221;) (BMV: LALAB), today reported results for the fourth quarter and full year 2020. The following information has been presented based on International Financial Reporting Standards (IFRS) and in nominal terms. Quarter Highlights: Strengthened operations and financial discipline, coupled with business resilience and flexibility, resulted in continued Mexico margin stability and a stronger financial position +10.0% YOY constant currency Sales growth driven by Mexico and Brazil 13.0% reported EBITDA margin for Mexico, +450 bps YOY expansion One-time impacts from Central America operations $616m in normalized (1) Net Income, +300 bps net margin improvement YOY -0.8% Consolidated Working Capital &hellip; Continue reading &quot;Grupo LALA Reports Fourth Quarter 2020 Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-22T23:18:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY87258&amp;sd=2021-02-22\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/grupo-lala-reports-fourth-quarter-2020-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/grupo-lala-reports-fourth-quarter-2020-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Grupo LALA Reports Fourth Quarter 2020 Results\",\"datePublished\":\"2021-02-22T23:18:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/grupo-lala-reports-fourth-quarter-2020-results\\\/\"},\"wordCount\":595,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/grupo-lala-reports-fourth-quarter-2020-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=NY87258&amp;sd=2021-02-22\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/grupo-lala-reports-fourth-quarter-2020-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/grupo-lala-reports-fourth-quarter-2020-results\\\/\",\"name\":\"Grupo LALA Reports Fourth Quarter 2020 Results - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/","og_locale":"en_US","og_type":"article","og_title":"Grupo LALA Reports Fourth Quarter 2020 Results - Market Newsdesk","og_description":"PR Newswire MEXICO CITY, Feb. 22, 2021 \/PRNewswire\/ &#8212;\u00a0Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious foods, (&#8220;LALA&#8221;) (BMV: LALAB), today reported results for the fourth quarter and full year 2020. The following information has been presented based on International Financial Reporting Standards (IFRS) and in nominal terms. Quarter Highlights: Strengthened operations and financial discipline, coupled with business resilience and flexibility, resulted in continued Mexico margin stability and a stronger financial position +10.0% YOY constant currency Sales growth driven by Mexico and Brazil 13.0% reported EBITDA margin for Mexico, +450 bps YOY expansion One-time impacts from Central America operations $616m in normalized (1) Net Income, +300 bps net margin improvement YOY -0.8% Consolidated Working Capital &hellip; Continue reading \"Grupo LALA Reports Fourth Quarter 2020 Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-22T23:18:30+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY87258&amp;sd=2021-02-22","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Grupo LALA Reports Fourth Quarter 2020 Results","datePublished":"2021-02-22T23:18:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/"},"wordCount":595,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY87258&amp;sd=2021-02-22","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/grupo-lala-reports-fourth-quarter-2020-results\/","name":"Grupo LALA Reports Fourth Quarter 2020 Results - 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