The organization has 4,803 retail facades in Mexico toward the finish of the quarter, 1,429 in the United States, and 369 in Central and South America. The significant dispersion 골드피쉬카지노network permits the organization to keep in touch with clients and awards a prevalent market situating in the nations where it works.

Offer of Banco Azteca del Perú

During the quarter, the offer of all Banco Azteca del Perú offers to a gathering of Peruvian financial backers with perceived involvement with the monetary area was reported.

The gatherings reported the execution of a precise change measure to guarantee the coherence of tasks and security for its clients.

Banco Azteca del Perú's tasks addressed a non-material extent corresponding to every one of the exercises of Grupo Elektra's monetary business. Because of this activity, the organization will pack its endeavors in Mexico, the United States and Central America, which could additionally support its strong possibilities.

Issuance of Senior Notes for US$500 million

In January, Grupo Elektra reported that its auxiliary Nueva Elektra del Milenio, S.A. de C.V., as originator, effectively positioned, through a particular reason vehicle set up under the Luxembourg law, Senior Notes for US$500 million, for a very long time, and a 4.875% rate, in global business sectors. The Senior Notes have a corporate assurance from the Company.

The issue — which had a FICO score of BBB-by Fitch and BBB+ by HR Ratings — will be utilized to support save represents the installment of commitments under Senior Notes and will fortify the liquidity of the organization, which will permit to additional lift Grupo Elektra's monetary strength.

Twelve Month Results

All out united income in 2020 became 5% to Ps.120,507 million, from Ps.115,173 million for 2019, because of a 21% increment in the business and a 5% decrease in the monetary business.

EBITDA was Ps.9,812 million, contrasted with Ps.19,253 million from the earlier year. The decline is generally because of the credit holds made by Banco Azteca last March, for 100% of the advance measure of Ps.7,243 million from a borrower that started a liquidation cycle (Chapter 11) in the United States, as recently declared.

The organization revealed a working pay of Ps.2,057 million, from a working benefit of Ps.12,271 million every year prior. During the year, an overal deficit of Ps.1,914 million was enrolled, contrasted with an overall gain of Ps.16,151 million of every 2019.

2019

2020

Change

Ps.

%

Combined income

$115,173

$120,507

$5,334

5%

EBITDA

$19,253

$9,812

$(9,441)

- 49%

Working outcome

$12,271

$2,057 바카라사이트

$(10,214)

- 83%

Net outcome

$16,151

$(1,914)

$(18,064)

-

Net outcome per share

$70.71

$(8.42)

$(79.13)

-

Figures in huge number of pesos

EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortization.

As of December 31, 2019, Elektra* exceptional offers were 228.4 million and as of December 31, 2020, were 227.4 million.

Organization Profile:

Grupo Elektra is Latin America's driving monetary administrations organization and forte retailer and the biggest non-bank supplier of loan administrations in the United States. The gathering works in excess of 6,600 resources in Mexico, the United States, Guatemala, Honduras, Panama and Peru.