Highlights last 6 months:
- EBITDA (excluding the effects of IFRS 16) reached CLP 42,197 million, 6.7% higher than the previous year (CLP 39,562 million).
- Consolidated LPG sales volume increases by 1.5%.
- Consolidated sales volume in equivalent LPG tons (including sales of network natural gas, compressed natural gas and liquefied natural gas) increases by 2.5%.
- Income after taxes (excluding the effects of IFRS 16) increases by 5.8%.
About this, the general manager of Empresas Lipigas S.A said: “As of June 30 of this year we have had good results, with a 16.6% increase of the company’s EBITDA compared to 2018 and a final result that grew 7.1%, which to a large extent is due to the growth strategy we are implementing and to the future vision of our company. We have made great progress in the digital transformation of the company’s processes, which has allowed us to gain important efficiencies and get to know our clients more thoroughly. In this way we have been able to continuously improve our service and increase our LPG sales volumes, especially in Chile. The constant increase in our direct delivery capacity has been fundamental to achieve all of this. Only in bottled gas, today this distribution system represents 37% of total sales volume, which reaches 700 thousand orders per month. We will continue on this path, which is leveraged in the use of technological tools and brings enormous advantages for the company. At the same time, we have had good results in Peru and we have enhanced the company’s growth in Colombia thanks to the investments made in that country”.
Review full Press Release HERE