Grupo Gigante SAB de CV 2016 AR2
The report outlines Grupo Gigante's financial and operational performance for the fiscal year 2016, highlighting its specialized retail, restaurant, and real estate divisions. Key achievements include a 16% increase in total revenues and a significant reduction in total debt by over 4 billion pesos, eliminating foreign currency exposure. In terms of social responsibility, the company maintained over 26,800 permanent jobs and supported communities through Fundacion Gigante and various sustainable initiatives, such as Toks' Productive Projects Program. Additionally, the group expanded its footprint with new store openings across its brands, including Office Depot, Petco, and Toks.
Company: Grupo Gigante SAB de CV
Sector: Consumer Discretionary
Country: Mexico
Year: 2016
Type: AR2
Pages: 144
Grupo Gigante SAB de CV
The report outlines Grupo Gigante's financial and operational performance for the fiscal year 2016, highlighting its specialized retail, restaurant, and real estate divisions. Key achievements include a 16% increase in total revenues and a significant reduction in total debt by over 4 billion pesos, eliminating foreign currency exposure. In terms of social responsibility, the company maintained over 26,800 permanent jobs and supported communities through Fundacion Gigante and various sustainable initiatives, such as Toks' Productive Projects Program. Additionally, the group expanded its footprint with new store openings across its brands, including Office Depot, Petco, and Toks.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees