SMU revenues up 6.9% in the fourth quarter

SMU reported a 6.9% increase in revenues in the fourth quarter, and a 9.1% growth in equivalent store sales, driven by improvements at Unimarc (7.7%), wholesalers (12.9%) and OK Market (27.2%). Club Alvi Wholesale grew 23.3%, reaffirming its good performance throughout 2020. SMU’s net income in the fourth quarter of 2020 improved 91.2% compared to the same period of the previous year.

Source: La Tercera