Almacenes Éxito S.A. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported operating income of COP 2,938,673 million, operational profit of COP 205,086 million, net profit of COP 220,552 million and EBITDA of COP 297,767 million.

For the full year, the company reported operating income of COP 10,229,673 million, operational profit of COP 494,167 million, net profit of COP 475,305 million and EBITDA of COP 858,725 million.

The company announced that its board meeting held on February 22, 2013, the board approved decision made by Gonzalo Restrepo López to leave the post he has worked in for 22 years as president general director at the next shareholders' ordinary meeting to be held on March 19, and to appoint Carlos Mario Giraldo, current president of operations for the Retail Business, in his place. The Board of Directors announced the appointment of Gonzalo Restrepo López as Likewise, Filipe Da Silva was appointed new Financial Vice-President, replacing Christophe Hidalgo, who as of October last year has worked in the same post in Pao de Açucar, a Grupo Casino branch in Brazil.

The company proposed to increase dividends by 22%.