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    CENCOSUD   CL0000000100

CENCOSUD S.A.

(CENCOSUD)
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Cencosud S A : Material Fact Report, August 13th, 2020

08/18/2020 | 05:20pm EDT

MATERIAL FACT REPORT

CENCOSUD S.A.

Registration in the Securities Registry No. 743

Santiago, August 13th, 2020

Mr.

Joaquín Cortez Huerta

President

Financial Market Commission

Ref.: Report of Material Fact.

Dear Sirs:

In compliance with the provisions of Article 9 and the second paragraph of Article 10 of Law No. 18,045, as amended, and General Applicability Rule No. 30 of the Financial Market Commission, I hereby report the following Material Fact concerning Cencosud S.A. (the "Company"):

  1. On the date hereof, the Company entered into a long-term Framework Commercial
    Cooperation Agreement with Delivery Technologies SpA ("'Cornershop" and, together with the Company, the "Parties"), whereby the terms and conditions were agreed upon to form a strategic alliance that will allow consumers to have access, through the platform developed by Cornershop, to a wide variety of products offered by the Company in different countries where it operates (the "Agreement").
  2. Additionally, the Agreement provides for the joint development of technological projects over time, which have the potential to optimize the operational efficiency of the Parties and introduce improvements in the service and support that they provide to their customers.
  3. Notwithstanding to the fact that it is possible to expect an increase in the Company's sales and greater efficiency in its operation, it is not possible at this time to measure the financial effects that the Agreement will have on the Company.

Sincerely,

Matías Videla Solá

Corporate General Manager

Cencosud S.A.

c.c.: Santiago Stock Exchange Electronic Stock Exchange Bondholders' Representative

Disclaimer

Cencosud SA published this content on 13 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2020 21:19:02 UTC


ę Publicnow 2020
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Sales 2021 10 635 B 13 421 M 13 421 M
Net income 2021 493 B 623 M 623 M
Net Debt 2021 2 740 B 3 458 M 3 458 M
P/E ratio 2021 9,53x
Yield 2021 1,64%
Capitalization 4 021 B 5 093 M 5 074 M
EV / Sales 2021 0,64x
EV / Sales 2022 0,58x
Nbr of Employees 114 438
Free-Float 47,1%
Chart CENCOSUD S.A.
Duration : Period :
Cencosud S.A. Technical Analysis Chart | CENCOSUD | CL0000000100 | MarketScreener
Technical analysis trends CENCOSUD S.A.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 1 420,00 CLP
Average target price 1 718,18 CLP
Spread / Average Target 21,0%
EPS Revisions
Managers and Directors
Matias Sola Videla Chief Executive Officer
Heike Paulmann Koepfer Chairman
Mario Valcarce Durßn Independent Director
Peter Paulmann Koepfer Director
Julio Moura Neto Director
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