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Alicorp S.A.A. will hold its Fourth Quarter 2020 Conference Call on February 16, 2021, at 11:00 a.m. Lima/Eastern Time.
The company will report its Fourth Quarter 2020 Earnings on February 15, 2021 after market close. The call will be led by CEO Mr. Alfredo Perez.
Access numbers include: 1-877-830-2576 (U.S.) and +1-785-424-1726 (International) with Conference ID: ALICORP. A live webcast is available at this link.
Alicorp released its unaudited financial results for Q3 2020, showing a 1.1% YoY revenue increase to S/ 2,503 million despite a 4.1% volume decrease due to COVID-19 impacts. Gross profit dropped 4.5% YoY and EBITDA fell 5.0% YoY. Net income was S/ 158 million, a slight 0.5% YoY decrease, while earnings per share rose marginally to S/ 0.186. Net debt decreased S/ 48 million from December 2019, improving the net debt-to-EBITDA ratio to 2.33x. Production capacity was restored, and Alicorp maintained strong market shares.
Alicorp S.A.A. is set to hold its Q3 2020 Conference Call on November 3, 2020, at 11:00 a.m. Lima Time. The company will disclose its Q3 earnings on November 2, 2020, post-market. CEO Alfredo Perez will lead the call with senior management. Alicorp operates primarily in Latin America offering a range of products from consumer goods to aquaculture. For participation, U.S. participants can dial 1-877-830-2576, while international callers can reach +1-785-424-1726.
Alicorp S.A.A. announced its Q2 2020 financial results, showing a 7.6% YoY revenue decline and a 20.3% drop in net income to S/ 84 million, affected by COVID-19 impacts. Key business segments like Consumer Goods Peru and B2B reported significant revenue decreases of 8.7% and 22.9%, respectively. EBITDA also decreased by 5.3%. However, Alicorp launched 27 new products and was recognized as one of the top brands in Peru. Despite challenges, the company's Net Debt decreased to S/ 3,190 million, improving the Net Debt-to-EBITDA ratio from 2.41x to 2.21x.
