Companhia Brasileira de Distribuicao: Restructuring progress and margin gains offset sales decline, supporting financial turnaround

About this update from Companhia Brasileira De Distribuicao

Out-of-court restructuring advanced, with creditor support exceeding legal minimum and plans to reduce net debt by 74%. Gross margin and EBITDA margin improved year-over-year, despite a 5.2% sales decline, as operational efficiency and cost control remained priorities.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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