Walmart de México y Centroamérica Will Invest $15.0 Billion Pesos During 2014 to Increase Its Sales Floor and Enhance Technology

Wal-Mart de México, S.A.B. de C.V. (WALMEX) announces to its shareholders, as well as to the public in general, that in 2014, it expects to make an estimated investment of $15.0 billion pesos to increase its sales floor area and enhance technology for e-commerce.
 
The estimated investment that will be used for new stores openings is $8.4 billion pesos.  The company will add 3.7 million sales floor square feet in the region.  In Mexico, sales floor is expected to increase by 5.0%, while in Central America it is expected to increase 7.6%, for a total of 5.2%.

The estimated amount to be invested is $6.6 billion pesos, divided as follows: remodeling and maintenance of $3.5 billion pesos; logistics of $1.2 billion pesos; and technology, e-commerce & other of $1.9 billion pesos.

Walmex also announces that today its annual analysts’ meeting took place, during which the abovementioned figures were released. The company also announced proposals for dividends and share repurchases, which will be subject to a vote during the next shareholders’ meeting on March 20, 2014. The corresponding announcement will be released soon. The complete presentations for analysts are available at our website www.walmex.mx.