GPA reports 'record profit'

Date : 20 February 2013

Brazil's Grupo Pão de Açúcar (GPA) has revealed net profit up 36.4% in Q4 2012, against the same period in 2011, and +60.7% for the full year. Strong sales growth in food division A better sales mix, control of expenses and operational improvements across all formats drove growth in operating…

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