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Grupo LALA Reports First Quarter 2017 Results.

MEXICO CITY, April 24, 2017 /PRNewswire/ -- Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious foods, ("LALA") (BMV:LALA B), today reported results for the first quarter 2017. The following information has been presented based on International Financial Reporting Standards (IFRS) and in nominal terms.

Grupo LALA logo

The following chart provides an abridged Income Statement, in millions of pesos. The margin for each figure represents its ratio to net sales and the percentage change from the quarter ended March 31st, 2017, as compared with the same period in 2016:

P&L

1st. Q ´16

% Sales

1st. Q ´17

% Sales

Var. %

Net Sales

$ 12,509

100.0%

$ 14,799

100.0%

18.3%

Gross Profit

4,960

39.7%

5,362

36.2%

8.1%

Operating Income

1,557

12.4%

1,254

8.5%

(19.5)%

EBITDA(1)

1,889

15.1%

1,725

11.7%

(8.7)%

Net Income(2)

1,111

8.9%

704

4.8%

(36.6)%

(1) EBITDA is defined as operating income before depreciation and amortization.
(2) Net Income refers to Consolidated Net Income.

Message from Management
Scot Rank, Grupo LALA´s CEO:

"The highlight of the first quarter of 2017 for Grupo Lala, was the acceleration of organic sales, which contributed to a total sales increase of 18% versus the first quarter last year. Input cost and the incorporation of recently acquired businesses continue to pressure EBITDA margins, although actions initiated since the exchange rate volatility of last year have contributed to two straight quarters of EBITDA growth".

Please click on the following link for a PDF file containing the full text of the press release:
GRUPO LALA REPORTS FIRST QUARTER 2017 RESULTS

Please click on the following link for a PDF file containing the full text of the press release in Spanish: GRUPO LALA REPORTA RESULTADOS DEL PRIMER TRIMESTRE 2017

About LALA
Grupo LALA, a Mexican company focused on healthy and nutritious food, has over 65 years of experience in producing, revitalizing and marketing milk, dairy products and drinks with the highest quality standards. There are 21 LALA production plants in operation and 159 distribution centers in Mexico, United States and Central America, and it has more than 34,000 team members. LALA operates a fleet of more than 7,500 vehicles to distribute their 600+ products, which are delivered to over 500,000 points of sale. LALA´s portfolio it´s led by its two flagship brands LALA® and Nutri Leche®.

For more information, visit: www.grupolala.com

Grupo LALA is listed on the Mexican Stock Exchange under the ticker symbol "LALA B"

Logo - http://photos.prnewswire.com/prnh/20160128/327167LOGO

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