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Cencosud Projects Revenues up to $16.5 Billion for 2017

Chilean company Cencosud, which owns well known stores including Wong and Metro here in Peru have announced projected revenues up to $16.5 billion for this year, which will be a slight improvement on 2016.

The company also announced that it expects investments to reach $500 million this year, with its total capital expenditure set to be $2.5 billion for the next four years.

In addition to Peru, the company is a heavyweight in Argentina, Brazil, Colombia, and Chile, specialising in supermarkets, department stores, home improvement, and shopping centers.

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