Italika Generates Remarkable Economic, Social and Environmental Value in 2016

—Grupo Elektra presents its Annual Sustainability Report to the Stock Exchange, In which it announces important advances of its motorcycle brand—

—It sold more than 430,000 world-class quality motorcycles in the year, driving the wellbeing of thousands of families and entrepreneurship productivity—

—Reliable, fuel-efficient and time-saving, Italika represents savings to the user and contributes to a better environment—

MEXICO CITY, June 13, 2017 (GLOBE NEWSWIRE) -- Grupo Elektra, S.A.B. de C.V. (BMV:ELEKTRA*) (Latibex:XEKT), Latin America’s leading specialty retailer and financial services company and the largest non-bank provider of cash advance services in the United States, announced today that it presented its Annual Sustainability Report to the Mexican Stock Exchange, in which it indicates that Italika, the company’s branded motorcycles, generated broad economic, social and environmental value in 2016.

It sold more than 430,000 motorcycles in the year in Mexico, Guatemala, Honduras, Panama and Peru. The vast majority of them were assembled in its world-class Ensamblika assembly plant, located in the State of Mexico, with the highest quality standards and superior designs —according to customer needs— where its engineers supervise the precision of each part, maximizing driver safety.

Thanks to the wide acceptance of the brand, the increasing satisfaction of customers with the attributes of the product, and efficient post-sales service —which includes the presence of more than 700 authorized service centers throughout Mexico, and Central and South America, with spare parts always available— the company has a solid leadership position in Mexico, with 60% market share.

Italika has a strong commitment with the community, as it seeks to facilitate better driving etiquette and smart tips, through free driving courses, safety talks, and campaigns to respect traffic rules. In addition, it helps with motorcycle registration and license plates in diverse states across the country, so that the motorcycles have all the required and updated documents for circulation.

A key part of Italika’s success is its more than 2,000 employees, who receive continuous training in areas that support their responsibilities and safety, which increases their efficiency and career advancement, and contributes to the well-being of their families.

Italika motorcycles offer an alternative form of transportation that is safe, comfortable, fuel efficient and reduces travel times. This represents savings to the driver, boosts the quality of life of thousands of families, and promotes entrepreneurship productivity, while simultaneously contributing to a better environment.

"Italika generates significant economic, social and environmental value in the communities where it operates, and is firmly committed to further boost the dynamism of its activities in the coming years, which will translate into greater contribution to the well-being of millions of families and the progress of a growing number of businesses,” said Bruno Rangel, Director of Investor Relations at Grupo Salinas.

Company Profile:

Grupo Elektra is Latin America’s leading financial services company and specialty retailer and the largest non-bank provider of cash advance services in the United States.  The group operates more than 7,000 points of contact in Mexico, the United States, Guatemala, Honduras, Peru, Panama and El Salvador.

Grupo Elektra is a Grupo Salinas company (www.gruposalinas.com), a group of dynamic, fast-growing, and technologically advanced companies focused on creating shareholder value, contributing to building the middle class of the countries in which they operate and improving society through excellence. Created by Mexican entrepreneur Ricardo B. Salinas ( www.ricardosalinas.com ), Grupo Salinas operates as a management development and decision forum for the top leaders of member companies. The companies include TV Azteca (www.tvazteca.com; www.irtvazteca.com), Azteca America (us.azteca.com), Grupo Elektra (www.elektra.com.mx: www.grupoelektra.com.mx), Banco Azteca (www.bancoazteca.com.mx), Advance America (www.advanceamerica.net), Afore Azteca (www.aforeazteca.com.mx), Seguros Azteca (www.segurosazteca.com.mx), Totalplay (www.totalplay.com.mx) and Enlace TP (enlacetp.mx). Each of the Grupo Salinas companies operates independently, with its own management, board of directors and shareholders. Grupo Salinas has no equity holdings. However, the member companies share a common vision, values and strategies for achieving rapid growth, superior results and world-class performance.

Except for historical information, the matters discussed in this press release are forward-looking statements and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected.  Other risks that may affect Grupo Elektra and its subsidiaries are identified in documents sent to securities authorities.