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a decrease in margins and increases in expenses.
Its third-quarter net revenue grew 2.4% to 2.97 trillion pesos.
The company’s consolidated earnings before taxes, interests, depreciation and amortization (EBITDA) fell 54.1% to 178.81 billion pesos in the quarter.
The company’s results come after “a quarter that faced a high comparative base, demonstrated by the impacts of the complex global and local scenario, in addition to the economic slowdown in the region,” Falabella Chief Executive Gaston Bottazzini said in a statement.
(1 dollar = 966.00 Chilean pesos by end-September)
