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earnings
Format: PDF earnings
GPA reported 2Q16 results with net sales of R$16.7 billion and adjusted EBITDA of R$760 million. The company demonstrated solid performance across its food segment with 8.7% growth, strong Assaí expansion with 36.9% sales growth, and recovery in Extra banner within Multivarejo. Via Varejo also resumed growth with consistent market share gains.
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