Santiago, May 6, 2025.- Grupo Falabella today released its financial results for the first quarter of 2025, reporting strong performance across its five business units.

During the quarter, consolidated revenues reached US$ 3.278 billion, representing a 9.1% increase compared to the same period last year. Net income totaled US$ 201 million, marking a year-over-year increase of 228%. EBITDA reached US$ 494 million, with a margin of 15.1%, driven by broad-based improvements across all businesses.

Grupo Falabella’s CEO, Alejandro González, highlighted: “These results reflect the growth phase we are currently experiencing as a company. The execution of our strategy demonstrates the capabilities we’ve built to strengthen the group’s five business units, consolidate a synergistic ecosystem, and drive an increasingly agile and customer-centric omnichannel offering—while maintaining a strong focus on operational efficiency and financial discipline.”

The quarter also showed improved debt levels, with a net financial debt to non-banking EBITDA ratio of 2.5x. González emphasized, “We are in a solid position, both financially and operationally, to navigate an environment that remains challenging.”

Business Unit Performance

In the first quarter, all five engines of Grupo Falabella’s ecosystem showed significant progress, reaffirming the strength of its diversified model.

In the retail segment, online sales across the ecosystem grew by 17%, driven by a 33% increase in seller activity. Falabella Retail posted double-digit revenue growth in Chile and Colombia—up 27% and 12% respectively—and a positive 6% increase in Peru in local currency. This performance translated into a significant improvement in profitability, supported by a multi-specialist approach focused on key categories, strategic partnerships with top brands, and an increasingly integrated omnichannel experience.

Sodimac showed sequential recovery, with a 6% year-over-year revenue increase and an expansion in operating margin. These results reflect the company’s ability to adapt and seize new commercial opportunities in a still-challenging construction sector.

Tottus delivered solid performance in both Chile and Peru, with revenue growth exceeding 7% and 6%, respectively, while maintaining positive profitability levels. This was supported by operational initiatives focused on margin optimization, strengthening the food offering, and enhancing the in-store and digital customer experience.

In the financial services segment, banks in Chile, Peru, and Colombia reported improved profits, with loan growth exceeding 10% in Chile. Operations in Peru and Colombia also showed significant progress, achieving positive returns. This momentum is driven by increased customer use of financial products, efficient cost management, and lower credit risk provisions. The progress is underpinned by a strengthened digital banking model, offering a simpler, more personalized, and accessible experience.

Mallplaza recorded a steady increase in foot traffic, reaching over 93 million visits, along with high occupancy levels (96.1% for the quarter). This growth is part of a strategy to evolve into comprehensive urban centers, focused on enhancing customer experience, promoting well-being, and offering spaces that combine retail, services, culture, and entertainment.

Grupo Falabella also recently completed several key milestones, including the sale of the Open Plaza Kennedy shopping center—transferred to Parque Arauco—and its stake in the Juan Valdez operation in Chile, acquired by Copec.

At the customer level, Grupo Falabella’s ecosystem surpassed 36 million people, including over 20 million enrolled in its loyalty program, reaffirming its reach and relevance in the region.