Thursday, April 26, 2007

Mexican Elektra 1st-qtr profit jumps 117 pct

(Reuters) - The retailer said revenues rose 5 percent to 8.56 billion pesos and EBITDA increased 18 percent to 1.58 billion pesos.

"The gain in the quarterly result was principally due to earnings of 1.47 billion pesos from derivative instruments compared to 486 million a year ago," the company said in a statement.


Read more at Reuters.com Market News

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