March 12, 2019 / 11:55 PM / 5 months ago

Mexico's Walmex plans capex of $1.03 billion pesos in 2019

FILE PHOTO: Shoppers walk from a Walmart store in Mexico City, August 15, 2012. REUTERS/Edgard Garrido

MEXICO CITY (Reuters) - Mexico’s biggest retailer, Wal Mart de Mexico, said on Tuesday the company plans capital expenditure for 2019 of 20 billion pesos ($1.03 billion).

In a conference call, the company known as Walmex said the sum compared with expenditure of 17.9 billion pesos last year.

Reporting by Daina Beth Solomon; Editing by Dave Graham

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