Results of the fourth Quarter Financial Highlights growth in sales 7.8% Increase in accumulated EBITDA 2015 Capex almost
|
|
- Mercy Blankenship
- 5 years ago
- Views:
Transcription
1
2 Results of the fourth Quarter Financial Highlights 6.4% Cumulative growth in sales 7.8% Increase in accumulated EBITDA 2015 Capex almost doubled compared to 2014 Chihuahua, Chihuahua. February Grupo Bafar, S.A.B. de C.V. (BAFAR) Mexican leader in meat products industry, announced today its results for the Fourth Quarter This information is submitted according to International Financial Reporting Standards (IFRS) and in nominal terms. Regarding the results achieved by the company, Eugenio Baeza Fares, Chairman of the Board of Directors and General Director of Grupo Bafar stated: "2015 was a challenging year for the food sector; it was in an adverse economic environment with two main aspects; the first one was the strengthening of the dollar compared to the peso, which caused pressures related to supply costs. The second one was a slight recovery in domestic consumption, nevertheless below expectations. Despite this adverse scenario, Grupo Bafar continues to show solid growth, increasing sales throughout the year at 6.4%, and a cumulative increase in EBITDA of 7.8%. We continue working on developing our human capital and making strategic investments by almost double compared to last year, which undoubtedly will position the company in new levels of competitiveness; we are convinced that we have what it takes to achieve our long term goals. Once again I would like to thank our shareholders and the board of directors for their support, our employees and suppliers for their trust in Grupo Bafar, and our customers for the trust and support given to our brands every day. "
3 Sales 4Q Accumulated operating results 1.5% 2,594 2,633 Accumulated Relevant Figures: 2014 % 2015 % Growth Net Sales 9,126, % 9,709, % 6.4% Operating Income 678, % 700, % 3.2% EBITDA* 906, % 977, % 7.8% Net Income 299, % 370, % 23.4% Amounts expressed in thousand pesos *EBITDA is defined as operating income before depreciation and amortization Acum Sales. 9, % 9,126 Accumulated volume growth reached 3.6% Accumulated net sales increased 6.4% compared to 2014, from $ 9,126.1 million pesos in 2014 to $ 9,709.3 million pesos in The cumulative gross profit increased 7.9% during 2015 compared to 2014, reaching $ 2,597.3 million pesos, with a gross margin of 26.8% compared to 26.4% in the previous year. The increase in margin is attributed to increased volume and improved product mix. Accumulated operating expenses as a percentage of sales showed an increase of 0.7 percentage points compared to 2014, reaching 19.6%, as a result of expenses incurred in opening new points of sales. Operating income showed an increase of 3.2% over the $ million pesos recorded at the end of 2014, reaching $ million pesos accumulated in 2015, resulting in an operating margin of 7.2%. Therefore, the cumulative EBITDA showed an increase of 7.8% reaching $ million pesos at the end of the fourth quarter of 2015, compared to $ million pesos in the same period last year..
4 EBITDA 4Q 7.1% Acum EBITDA. Non-Operating Results Accrued The financial expenses up to December 2015 showed a decrease of $6.2 million pesos, positioning in $ 29.2 million compared to $35.5 million pesos in the same period last year. This is a result of the benefit in funding rates resulting from the restructuring of bank liabilities from short to long term. The cumulative net profit shows an increase of 23.4% going from $299.9 million pesos in 2014 to $370.2 million pesos in 2015, strongly supported by a decrease in deferred tax expense. Quarterly Operating Results Relevant Figures: IIIT 14 % IIIT 15 % Growth Net Sales 2,594, % 2,632, % 1.5% Operating Income 212, % 218, % 3.2% 7.8% 977 EBITDA* 272, % 292, % 7.1% Net Income (41,865) -1.6% 172, % 511.7% 907 Amounts expressed in thousand pesos *EBITDA is defined as operating income before depreciation and amortization On the fourth quarter of 2015, sales reported an increase of 1.5% compared to the same quarter last year, from $2,594.0 million pesos in 2014 to $2,632.6 million pesos in 2015.
5 CAPEX Gross profit increased 12.6%, to reach $767.7 million pesos, with a gross margin of 29.2% compared to 26.3% attained in the fourth quarter of This as a result of a better product mix. Operating expenses as a percentage of sales increased by less than 3 percentage points, going from 18.0% in the fourth quarter of 2014 to 20.9% in the same period of The increase in operating expenses is attributable to the opening of new establishments in the center and south of the country and the increase in the costs of depreciation and amortization for investments. The operation income in relation to sales remains at 8.3% to reach $218.8 million pesos at the end of the fourth quarter of 2015, compared to $212.1 million pesos reported in the same period of the previous year, showing an increase of 3.2%. Non-Operating Results Net financial expense in the fourth quarter of 2015 shows a decrease of $4.3 million pesos to close with a net expense of $6.0 million pesos compared to $10.3 million reported in the same quarter last year, due to better interest rates agreed in recent renewals of bank loans. During the fourth quarter of 2015, net income was $172.3 showing a significant recovery compared to a net loss of $41.9 reported in the same period last year.
6 EBITDA to Interest Expense Liquidity Balance sheet Investments: In 2015, capital investments were made by $1,090 million pesos, which were intended for investment in expansion projects, energy efficiency, technology investments throughout the supply chain and fleet renewal. Bank Debt: Up to December 31 st, 2015, bank debt closed at $2,890.1 million pesos compared to $2,416.3 million pesos of the same period the previous year. This variation is attributed to the financing obtained for making unprecedented investments the group has made since the end of Indicators As of December 31st of 2015, the main indicators of the company showed an important improvement, as part of the efforts made by the company to maintain healthy finances and leverage to support the investments made, allowing us to have an engine to support the future growth; the most significant efforts are the improvement in interest coverage and liquidity Financial Ratios IIIT 14 IIIT 15 EBITDA Coverage Ratio* Net Cash to EBITDA* Operating Income to Equity Ratio 16.1% 15.5% Liquidity Ratio *Last twelve months
7 Stock Market Indicators Book Value per Share EPS* IIIT 14 IIIT Shares Outstanding** 313, ,499 Price per Share EPS: Earnings per Share *Last twelve months **Million shares CONTACT LUIS CARLOS PIÑON Company Description Grupo Bafar is a 100% Mexican company listed in the Mexican Stock Exchange since 1996 and is one of the leading producers and distributors of meat and dairy products in the country. With more than 30 years in the market, it has presence throughout Mexico and the southern United States.
8 Grupo Bafar S.A.B. de C.V. Consolidated Balance Sheet 30-dic dic-15 ASSETS Cash and temporary investments 876, % 630, % Receivables, net 1,038, % 1,366, % Other receivables, net 587, % 463, % Inventories 733, % 727, % Other current assets 7, % 6, % Current assets 3,242, % 3,194, % Net property and equipment 3,212, % 4,018, % Intangible assets and other assets 1,339, % 1,316, % Noncurrent assets 4,552, % 5,334, % Total Assets 7,795, % 8,529, % LIABILITIES Short term debt 2,334, % 1,142, % Accounts payable 575, % 672, % Other liabilities with cost 212, % 206, % T axes payable and other current liabilities 129, % 82, % Current liabilities 3,251, % 2,103, % Long term debt 81, % 1,748, % Other noncurrent liabilities 241, % 169, % Noncurrent liabilities 323, % 1,917, % Total Liabilities 3,575, % 4,020, % EQUITY Common stock 82, % 83, % Capital in excess of par value 126, % 194, % Retained Earnings 3,647, % 3,847, % Actuarial gain (loss) on labor obligation (2,261) 0.0% % Excercise gain/loss 304, % 372, % Total shareholder s equity 4,157, % 4,499, % Non controlling interest 61, % 9, % Total Equity 4,219, % 4,508, % LIABILITIES PLUS EQUITY 7,795,253 8,529,444
9 Grupo Bafar S.A.B. de C.V. Consolidated Income Statement January 1st to December 31th, 2014 and 2015 Quarterly Accumulated Net Sales 2,594, % 2,632, % 9,126, % 9,709, % Cost of sales 1,912, % 1,864, % 6,719, % 7,111, % -2.9% Gross Profit 681, % 767, % 2,406, % 2,597, % # Operating expenses 466, % 550, % 1,727, % 1,902, % 2.9% # Other income- net (2,876) -0.1% 1, % (512) 0.0% 4, % # Operating Income 212, % 218, % 678, % 700, % # Net interest expenses 10, % 6, % 35, % 29, % # Foreign exhange gain (loss), net 180, % 174, % 217, % 370, % Income before taxes 21, % 37, % 425, % 300, % Income tax 63, % (134,370) -5.1% 125, % (69,949) -0.7% Net Income (41,865) -1.6% 172, % 299, % 370, % Non controlling interest (2,216) -0.1% % (4,274) 0.0% (2,007) 0.0% Net Consolidated Income (39,649) -1.5% 172, % 304, % 372, % EBITDA 272, % 292, % 906, % 977, %
GCC REPORTS FOURTH QUARTER 2013 RESULTS
For more information: investors@gcc.com GCC REPORTS FOURTH QUARTER 2013 RESULTS Chihuahua, Chih., Mexico, April 30, 2014 Grupo Cementos de Chihuahua, S.A.B. de C.V. ( GCC or the Company ) (BMV: GCC*),
More informationGRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Fourth quarter 2014 earnings results
GRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Fourth quarter 2014 earnings results GCC REPORTS FOURTH QUARTER 2014 RESULTS Chihuahua, Chihuahua., Mexico, April 30, 2015 Grupo Cementos de Chihuahua,
More informationGCC REPORTS FIRST QUARTER 2018 RESULTS
GCC REPORTS FIRST QUARTER 2018 RESULTS Chihuahua, Chihuahua, Mexico, April 24, 2018 Grupo Cementos de Chihuahua, S.A.B. de C.V. (BMV: GCC *), a leading producer of cement and ready-mix concrete in the
More informationGRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Fourth quarter 2015 earnings results
GRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Fourth quarter 2015 earnings results GCC REPORTS FOURTH QUARTER 2015 RESULTS Chihuahua, Chihuahua, Mexico, January 28, 2016 Grupo Cementos de Chihuahua,
More informationof last year. United States.
For more information: inversionistas@gcc.com GCC REPORTS FIRST QUARTER 2012 RESULTS Chihuahua, Chih., Mexico, May 2nd, 2012 Grupo Cementos de Chihuahua, S.A.B. de C.V. ( GCC or the Company ) (BMV: GCC*),
More informationGRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Second quarter 2017 earnings report
GRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Second quarter 2017 earnings report GCC REPORTS SECOND QUARTER 2017 RESULTS Chihuahua, Chihuahua, Mexico, July 25, 2017 Grupo Cementos de Chihuahua,
More informationGRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Second quarter 2015 earnings results
GRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Second quarter 2015 earnings results GCC REPORTS SECOND QUARTER 2015 RESULTS Chihuahua, Chihuahua, Mexico, July 28, 2015 Grupo Cementos de Chihuahua,
More informationLet s give our soul, heart and being in everything we do. R.I.P. Don Lorenzo Servitje, founder of Grupo Bimbo
GRUPO BIMBO REPORTS 2016 RESULTS MEXICO CITY, FEBRUARY 23, 2017 Grupo Bimbo, S.A.B. de C.V. ( Grupo Bimbo or the Company ) (BMV: BIMBO) today reported its results for the twelve months ended December 31,
More informationGRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. RELEVANT RESULTS AND FACTS FOR THE FOURTH QUARTER OF 2017
GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. RELEVANT RESULTS AND FACTS FOR THE FOURTH QUARTER OF 2017 Consolidated total sales growth of 5% Same store sales growth in Mexico of 4% Consolidated EBITDA growth
More informationFourth Quarter 2014 BMV: GFAMSA
Monterrey, Mexico, April 27, 2015. Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA) Report of the Chief Executive Officer of Grupo Famsa, S.A.B. de C.V. on the results of the fourth quarter of 2014 (4Q14), with
More informationEarnings Release 4Q16
Monterrey, Mexico, May 4th, 2017 Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA), a leading Mexican commercial conglomerate in the retail, consumer credit and savings sectors, announced today its earnings results
More informationCORPORACIÓN DURANGO Full Year 2006 Results
CORPORACIÓN DURANGO First Quart CORPORACIÓN DURANGO Full Year 2006 Results February 27, 2007 Durango, Durango, Mexico - Corporación Durango, S.A.B. de C.V. (BMV: CODUSA) ("Durango" or the "Company"), the
More informationGenomma Lab FOURTH QUARTER AND FULL YEAR 2015 RESULTS
Mexico City, Mexico, April 27, 2016 Genomma Lab Internacional, S.A.B. de C.V. (BMV: LAB.B) ( Genomma Lab or the Company ), today announced its results for the first quarter ended March 31, 2016. All figures
More informationCement and ready. Standards. As long as. 2Q12 6M12 6M11 2Q11. 2Q12 vs 2Q11. 6M12 vs 6M111 2, % Operating Income 23.
For more information: inversionistas@gcc.com GCC REPORTS SECOND QUARTER 2012 RESULTS Chihuahua, Chih., Mexico, July 27th, 2012 Grupo Cementos de Chihuahua, S.A.B. de C.V. ( GCC or the Company ) (BMV: GCC*),
More informationMonterrey, Mexico. October 25, 2012 Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA)
Third Quarter 2012 BMV: GFAMSA Monterrey, Mexico. October 25, 2012 Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA) Report from the Chief Executive Officer on Grupo Famsa, S.A.B. de C.V. s third quarter 2012
More informationGCC REPORTS THIRD QUARTER 2018 RESULTS
GCC REPORTS THIRD QUARTER 2018 RESULTS Chihuahua, Chihuahua, Mexico, October 23, 2018 Grupo Cementos de Chihuahua, S.A.B. de C.V. (BMV: GCC *), a leading producer of cement and ready-mix concrete in the
More informationGRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Fourth quarter 2016 earnings results
GRUPO CEMENTOS DE CHIHUAHUA, S.A.B. DE C.V. (BMV: GCC *) Fourth quarter 2016 earnings results GCC REPORTS FOURTH QUARTER 2016 RESULTS Chihuahua, Chihuahua, Mexico, April 27, 2017 Grupo Cementos de Chihuahua,
More informationGrupo Cementos de Chihuahua
October 26, 2001 Grupo Cementos de Chihuahua Results for the third quarter 2001 1 Results for the third quarter 2001 Sales through September 2001 grew by 21.2% over last year. The operating cash flow for
More informationMessage from Management GRUPO LALA REPORTS SECOND QUARTER 2016 RESULTS
GRUPO LALA REPORTS SECOND QUARTER 2016 RESULTS Mexico City, July 25, 2016 Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious foods, ( LALA ) (BMV: LALA B), today reported results
More informationGenomma Lab Internacional Reports First Quarter 2018 Results
HIGHLIGHTS EBITDA margin for Q1-2018 reached 22.6%, a 90 bps year-on-year increase SGM&A (1) expenses for Q1-2018 decreased by Ps.162.1 million year-on-year, a reflection of cost control initiatives U.S.
More informationThree Months Ended Twelve Months Ended 12/31/ /31/ /31/ /31/
Consolidated Statements of Operations (In thousands, except share and per share data) TABLE 1 Software licenses $11,336 $8,901 $37,859 $30,709 Support and maintenance 12,631 12,194 49,163 45,591 Professional
More informationMEXICAN STOCK EXCHANGE
STOCK EXCHANGE CODE: GRUPO INDUSTRIAL, S.A.B. DE C.V. STATEMENT OF FINANCIAL POSITION QUARTER: 4 YEAR: 215 REF AT 31 DECEMBER 215 AND 31 DECEMBER 214 (Thousand Pesos) ACCOUNT / SUBACCOUNT ENDING CURRENT
More informationMonterrey, México. July 24, 2008 Grupo Famsa S.A.B. de C.V. (BMV: GFAMSA)
2008 BMV: GFAMSA Monterrey, México. July 24, 2008 Grupo Famsa S.A.B. de C.V. (BMV: GFAMSA) As of January 1, 2008, the effect of inflation is no longer recognized for financial reporting purposes under
More informationGRUPO SENDA AUTOTRANSPORTE, S.A. DE C.V. ANNOUNCES FOURTH QUARTER AND TWELVE MONTH RESULTS AS OF DECEMBER 31, 2008
GRUPO SENDA AUTOTRANSPORTE, S.A. DE C.V. ANNOUNCES FOURTH QUARTER AND TWELVE MONTH RESULTS AS OF DECEMBER 31, 2008 Monterrey, Nuevo Leon, Mexico February 26, 2009 Grupo Senda Autotransporte, S.A. de C.V.
More informationGRUPO BIMBO REPORTS THIRD QUARTER 2018 RESULTS MEXICO CITY, OCTOBER 24, 2018
GRUPO BIMBO REPORTS THIRD QUARTER 2018 RESULTS MEXICO CITY, OCTOBER 24, 2018 We delivered strong third quarter results. We continue to transform our Company to be highly competitive, productive and sustainable
More informationSegment net sales 23, , Operating segment income (1) 9, , (1)
INVESTOR RELATIONS FIRST-QUARTER 4/26/2018 20184:23 RESULTS PM FOR IMMEDIATE RELEASE Highlights Consolidated Net Sales and Operating Segment Income grew 3.9% and 6.6%, respectively Cable segment added
More informationMessage from Management GRUPO LALA REPORTS FOURTH QUARTER AND FULL YEAR 2016 RESULTS. Earnings 4Q-2016 QUARTER HIGHLIGHTS
Earnings 4Q-2016 GRUPO LALA REPORTS FOURTH QUARTER AND FULL YEAR 2016 RESULTS QUARTER HIGHLIGHTS Mexico City, February 21, 2017 Grupo LALA, S.A.B. de C.V., a Mexican Company focused on healthy and nutritious
More information1Q13 vs 1Q12 1, % 38.8% 9.9% Net Sales EBITDA 1, the effect. pesos was This
For more information: investors@gcc.com GCC REPORTS FIRST QUARTER 2013 RESULTS Chihuahua, Chih., Mexico, April 25, 2013 Grupo Cementoss de Chihuahua, S.A.B. de C.V. ( GCC or the Company ) (BMV: GCC*),
More informationAccumulated sales of $7,033 million Pesos at the end of the third quarter of Debt Reduction by 8%. Capex of $439 million Pesos.
Stock price as of October 25th, 2013: $25.5 Total shares: 374.6 millions Accumulated sales of $7,033 million Pesos at the end of the third quarter of 2013. Debt Reduction by 8%. Capex of $439 million Pesos.
More informationGRUPO MEGACABLE HOLDINGS ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 2014
Highlights versus : Net service revenues registered solid growth of 16% The internet segment increased 34% with net additions of 308 thousand subscribers Revenues from the Corporate Segment rose 117% to
More informationGRUPO SENDA AUTOTRANSPORTE, S.A. DE C.V. ANNOUNCES THIRD QUARTER AND NINE MONTH RESULTS AS OF SEPTEMBER 30, 2008
GRUPO SENDA AUTOTRANSPORTE, S.A. DE C.V. ANNOUNCES THIRD QUARTER AND NINE MONTH RESULTS AS OF SEPTEMBER 30, 2008 Monterrey, Nuevo Leon, Mexico October 23, 2008 Grupo Senda Autotransporte, S.A. de C.V.
More information4Q17 EARNINGS RELEASE. Earnings Release 4Q17 1 / 19
EARNINGS RELEASE 4Q17 1 / 19 Monterrey, Mexico May 4 th, 2018. Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA), a leading Mexican commercial conglomerate in the retail, consumer and savings sector, announced
More informationEARNINGS RELEASE 3Q17
LOGISTICS INVESTMENT PLATFORM EARNINGS RELEASE 3Q17 1 Quarterly Results 3Q17 TRAXION S REVENUE AND EBITDA INCREASE 70% AND 56% DURING 3Q17 BOOSTED BY ACQUISITIONS CONSOLIDATION YTD 2017 REVENUE AND EBITDA
More informationMonterrey, Mexico. July 26, 2012 Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA)
Second Quarter 2012 BMV: GFAMSA Monterrey, Mexico. July 26, 2012 Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA) Report from the Chief Executive Officer on Grupo Famsa, S.A.B. de C.V. s second quarter 2012 (2Q12)
More informationMAXCOM REPORTS RESULTS FOR THE FULL YEAR AND FOURTH QUARTER OF 2012
MAXCOM REPORTS RESULTS FOR THE FULL YEAR AND FOURTH QUARTER OF 2012 Mexico City, February 27, 2013. Maxcom Telecomunicaciones, S.A.B. de C.V. ( Maxcom, or the Company ) (NYSE: MXT) (BMV: MAXCOM CPO), one
More informationMEXICAN STOCK EXCHANGE
STOCK EXCHANGE CODE: GRUPO INDUSTRIAL, S.A.B. DE C.V. STATEMENT OF FINANCIAL POSITION QUARTER: 3 YEAR: 215 REF AT 3 SEPTEMBER 215 AND 31 DECEMBER 214 (Thousand Pesos) ACCOUNT / SUBACCOUNT ENDING CURRENT
More informationGRUPO LALA REPORTS SECOND QUARTER 2015 RESULTS
GRUPO LALA REPORTS SECOND QUARTER 2015 RESULTS Mexico City, July 28, 2015 Grupo LALA, S.A.B. de C.V., the Mexican Company focused on healthy and nutritious foods, ( LALA ) (BMV: LALAB), today reported
More information3Q18 EARNINGS RELEASE. Earnings Release 3Q18 1 / 16
EARNINGS RELEASE 3Q18 1 / 16 Monterrey, Mexico, October 25 th, 2018. Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA), a leading Mexican commercial conglomerate in the retail, consumer and savings sector, announced
More informationGCC REPORTS FOURTH QUARTER 2012 RESULTS
For more information: inversionistas@gcc.com GCC REPORTS FOURTH QUARTER 2012 RESULTS Chihuahua, Chih., Mexico, February 25, 2013 Grupo Cementos de Chihuahua, S.A.B. de C.V. ( GCC or the Company ) (BMV:
More informationQUARTERLY REPORT 2Q17
QUARTERLY REPORT 2Q17 Persistently advancing to strengthen our profitability and business model 1 SARE REPORTS 25% GROWTH IN HOMES SOLD REVENUE AND EBITDA OF PS.9 MILLION IN 2Q17 Mexico City, July 28,
More informationGrupo Modelo Reports Fourth Quarter 2007 Results *
Grupo Modelo Reports Fourth Quarter 2007 Results * Total domestic volume grew 7.5% Net sales increased 20.1% Operating income rose 12.7% Mexico City, February 21, 2008 Grupo Modelo, S.A.B. de C.V. and
More informationGRUPO BIMBO REPORTS FIRST HALF 2016 RESULTS
GRUPO BIMBO REPORTS FIRST HALF 2016 RESULTS MEXICO CITY, JULY 26, 2016 Grupo Bimbo S.A.B. de C.V. ( Grupo Bimbo or the Company ) (BMV: BIMBO) today reported its results for the six months ended June 30,
More informationSecond Quarter 2016 Results MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V.
MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V. 1 MAXCOM REPORTS RESULTS FOR THE SECOND QUARTER OF 2016 Mexico City, July 21, 2016. Maxcom Telecomunicaciones, S.A.B. de C.V. (OTCQX: MXMTY, BMV: MAXCOM CPO) (
More informationDANA HOLDING CORPORATION Quarterly Financial Information and Reconciliations of Non-GAAP Financial Measures
Quarterly Financial Information and Reconciliations of Non-GAAP Financial Measures Non-GAAP Financial Measures Adjusted EBITDA is a non-gaap financial measure which we have defined as earnings from continuing
More information1 st Quarter. Highlights:
1 st Quarter 2007 San Pedro Garza García, México, April 26, 2007 Axtel, S.A.B. de C.V. ( AXTEL ), one of the leading telecommunications services providers in Mexico, announced its unaudited first quarter
More informationMAXCOM REPORTS RESULTS FOR THE THIRD QUARTER OF 2012
MAXCOM REPORTS RESULTS FOR THE THIRD QUARTER OF 2012 Mexico City, October 25, 2012. Maxcom Telecomunicaciones, S.A.B. de C.V. ( Maxcom, or the Company ) (NYSE: MXT) (BMV: MAXCOM CPO), one of the leading
More informationOperative & Financial Results:
Operative & Financial Results: F i r s t Q u a r t e r 2 0 1 3 Grupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, April 18, 2013 Information presented with respect to the same quarter of last year
More informationEBITDA GREW 6% TO REACH A 24% MARGIN IN 2Q14
EBITDA GREW 6% TO REACH A 24% MARGIN IN 2Q14 Monterrey, Mexico, July 17, 2014 Arca Continental, S.A.B. de C.V. (BMV: AC*) ( Arca Continental or AC ), the second-largest Coca-Cola bottler in Latin America
More informationConsolidated EBITDA grew 22% year-over-year, reaching Ps. 5,843 million in 2015.
Highlights: Consolidated EBITDA grew 22% year-over-year, reaching Ps. 5,843 million in 2015. During 4Q15, the mass market reported historical growth: 7% for the video segment, 8% for Internet segment,
More informationEARNINGS RELEASE 2Q18
EARNINGS RELEASE CADU REPORTS A 18.4% AND 10.1% ANNUAL GROWTH RATES IN NET INCOME AND EBITDA DURING Cancun, Quintana Roo, Mexico, July 24, 2018. Corpovael, S.A.B. de C.V. (BMV: CADUA), a leading homebuilder
More informationNet sales increased 7.9% Domestic sales rose 7.0% Operating profit grew 18.2%
Net sales increased 7.9 Domestic sales rose 7.0 Operating profit grew 18.2 Mexico City, February 19, 2010 Grupo Modelo, S.A.B. de C.V. and Subsidiaries (BMV: GMODELO) ( Grupo Modelo or the Company ), leader
More informationVitro Reports 2Q17 YoY Increases of 146% and 95% in Sales and EBITDA respectively in US Dollars
Vitro Reports 2Q17 YoY Increases of 146% and 95% in Sales and EBITDA respectively in US Dollars San Pedro Garza García, Nuevo León, Mexico, July 26, 2017 Vitro, S.A.B. de C.V. (BMV: VITROA), hereinafter
More informationEMC CORPORATION Consolidated Income Statements (in thousands, except per share amounts) Unaudited
Consolidated Income Statements (in thousands, except per share amounts) Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, 2011 2010 2011 2010 Revenues: Product
More informationVitro Reports Second Quarter 2018 Results
Vitro Reports Second Quarter 2018 Results 1.1% Year over Year increase in Sales; EBITDA Impacted by Carlisle s Float temporary shutdown San Pedro Garza García, Nuevo León, Mexico, 27 of July -, 2018 Vitro,
More informationNET INCOME INCREASED 15% WITH EBITDA MARGIN GROWTH OF 70BPS IN 3Q13
NET INCOME INCREASED 15% WITH EBITDA MARGIN GROWTH OF 70BPS IN 3Q13 Monterrey, Mexico, October 28, 2013 Arca Continental, S.A.B. de C.V. (BMV: AC*), the second-largest Coca-Cola bottler in Latin America
More informationCommScope Holding Company, Inc. Condensed Consolidated Statements of Operations (Unaudited -- In thousands, except per share amounts)
Condensed Consolidated Statements of Operations (Unaudited -- In thousands, except per share amounts) Three Months Ended March 31, 2018 2017 Net sales $ 1,120,517 $ 1,137,285 Operating costs and expenses:
More informationMonterrey, México. October 23, Grupo Famsa S.A.B. de C.V. (BMV: GFAMSA)
Third Quarter 2008 BMV: GFAMSA Monterrey, México. October 23, 2008. Grupo Famsa S.A.B. de C.V. (BMV: GFAMSA) As of January 1, 2008, the effect of inflation is no longer recognized for financial reporting
More informationMAXCOM TELECOMUNICACIONES, S.A.B. DE C.V.
MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V. 1 MAXCOM REPORTS RESULTS FOR THE FIRST QUARTER OF 2016 Mexico City, April 21, 2016. Maxcom Telecomunicaciones, S.A.B. de C.V. (OTCQX: MXMTY, BMV: MAXCOM CPO) (
More informationEARNINGS RELEASE 2Q18 VERTICALLY INTEGRATED TEXTILE COMPANY EARNINGS RELEASE 2Q18
VERTICALLY INTEGRATED TEXTILE COMPANY EARNINGS RELEASE 2Q18 0 MESSAGE FROM THE CEO Dear Investor, The second quarter of 2018 posted sales for MXN4,711, the highest quarterly sales since the fourth quarter
More informationOntex H1 2017: Very Strong Broad-Based Revenue Growth
Ontex H1 2017: Very Strong Broad-Based Revenue Growth Reported revenue up 22%: LFL revenue growth in all 5 Divisions and 3 categories Including Ontex Brazil, Q2 revenue confirmed annualized run-rate of
More informationVitro Reports 3Q 17 Results
Vitro Reports 3Q 17 Results San Pedro Garza García, Nuevo León, Mexico, October 16, 2017 Vitro, S.A.B. de C.V. (BMV: VITROA), hereinafter Vitro or the Company, a leading glass producer in North America,
More informationSECOND QUARTER 2015 RESULTS
B SECOND QUARTER 2015 RESULTS MEXICO CITY, JULY 21, 2015 Grupo Bimbo S.A.B. de C.V. ( Grupo Bimbo or the Company ) (BMV: BIMBO) today reported results for the three months ended June 30, 2015.* HIGHLIGHTS
More informationGRUPO BIMBO REPORTS 2017 RESULTS
GRUPO BIMBO REPORTS 2017 RESULTS MEXICO CITY, FEBRUARY 22, 2018 Grupo Bimbo, S.A.B. de C.V. ( Grupo Bimbo or the Company ) (BMV: BIMBO) today reported its results for the twelve months ended December 31,
More informationThird Quarter 2017 Results MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V.
MAXCOM TELECOMUNICACIONES, S.A.B. DE C.V. 1 MAXCOM REPORTS RESULTS FOR THE THIRD QUARTER OF 2017 Mexico City, October 18, 2017. Maxcom Telecomunicaciones, S.A.B. de C.V. (OTCQX: MXMTY, BMV: MAXCOM A) (
More informationPerformance Indicators for 6 years
Performance Indicators for 6 years FINANCIAL POSITION Balance sheet (Rupees in Thousand) Other noncurrent assets Total assets 2,084,856 6,544 2,436,65 2,040,33 11,386 2,257,568 4,417,23 1,803,2 101,268
More informationVitro Reports 87.1% and 60.3% YoY US dollars Increase in Sales and EBITDA respectively
Vitro Reports 87.1% and 60.3% YoY US dollars Increase in Sales and EBITDA respectively San Pedro Garza García, Nuevo León, Mexico, April 25, 2017 Vitro, S.A.B. de C.V. (BMV: VITROA), hereinafter Vitro
More informationSG&A % EBIT (2) % Total Net Debt (427) (507) -15.8% * Million US$ Nominal
Vitro Reports 7.9% YoY Increase in Sales and 16.2% in EBITDA in Mexican Pesos San Pedro Garza García, Nuevo León, Mexico, October 27 th, 2016 Vitro, S.A.B. de C.V. (BMV: VITROA), hereinafter Vitro or the
More informationFINANCIAL REPORT FOURTH QUARTER 2018 MARCH 2019
FINANCIAL REPORT FOURTH QUARTER 2018 MARCH 2019 1 Index 1. Executive Summary....... 3 2. Summary of Consolidated Results 4 th Quarter 2018..... 4 3. Summary of Consolidated Results 2018. 5 4. Highlights
More informationGRUMA REPORTS FOURTH QUARTER 2017 RESULTS
Investor Relations ir@gruma.com Tel: 52 (81) 8399-3349 www.gruma.com San Pedro Garza García, N.L., Mexico; February 21, 2018 GRUMA REPORTS FOURTH QUARTER 2017 RESULTS HIGHLIGHTS GRUMA s performance in
More informationcontroladora mabe, s.a. de c.v. Q4, 2015 Results CONTROLADORA MABE, S.A. DE C.V.
Q4, 2015 Q4, 2015 Results CONTROLADORA MABE, S.A. DE C.V. During the fourth quarter of 2015, Mabe delivered a very solid top line performance despite FX volatility, compensated by smart pricing. Sales
More informationGRUPO BIMBO REPORTS FOURTH QUARTER AND FULL YEAR 2014 RESULTS
Highlights from the quarter: Consolidated net sales rose 10.8%, mainly driven by the Canada Bread acquisition Profit before other income and expenses increased 34.1% reflecting a strong margin expansion
More informationReport of action Bolsa Mexicana de Valores Ticker Symbol: MEXCHEM*
Report of action Bolsa Mexicana de Valores Ticker Symbol: MEXCHEM* Contact in Investor Relations: Juan Francisco Sanchez Kramer www.mexichem.com jsanchezk@mexichem.com, phone: (52) 555279 8319 Mexichem
More informationGRUPO ELEKTRA ANNOUNCES EBITDA GROWTH OF 6% TO Ps.1,622 MILLION IN 3Q07
GRUPO ELEKTRA ANNOUNCES EBITDA GROWTH OF 6% TO Ps.1,622 MILLION IN 3Q07 Revenue Increases 13% to a Record of Ps.9,860 Million in the Quarter Gross Profit Rises 12% to Ps.4,880 Million in 3Q07 Banco Azteca
More informationEMC CORPORATION Consolidated Income Statements (in thousands, except per share amounts) Unaudited
EMC CORPORATION Consolidated Income Statements (in thousands, except per share amounts) Three Months Ended Twelve Months Ended December 31, December 31, December 31, December 31, 2011 2010 2011 2010 Revenues:
More information4 Q 4 Q YTD YTD Var % Var % Export Sales 364 1, % 1,594 2,916 83%
Stock price as of February 27th, 217: $37. Total shares: 385.8 millions Sales and EBITDA growth of 28% and 34%. Cash flow generation supporting investments for $MXP 1,637 Million. Cerámica San Lorenzo
More informationMEXICAN STOCK EXCHANGE
STOCK EXCHANGE CODE: STATEMENT OF FINANCIAL POSITION QUARTER: 1 YEAR: 213 REF AT 31 MARCH 213 AND 31 DECEMBER 212 (Thousand Pesos) ACCOUNT / SUBACCOUNT ENDING CURRENT PREVIOUS YEAR END Amount Amount 1
More informationMaple Leaf Foods Reports Results for Fourth Quarter TSX: MFI
Maple Leaf Foods Reports Results for Fourth Quarter 2013 TSX: MFI www.mapleleaffoods.com TORONTO, Feb. 27, 2014 /CNW/ - Maple Leaf Foods Inc. (TSX: MFI) today reported its financial results for the fourth
More informationGrupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, February 23, 2009
Operational and Financial Results: Fourth Quarter 2008 Grupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, February 23, 2009 With respect to the same quarter of last year: Consistent with prior three
More informationGrupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, February 25, 2015
Operative & Financial Results: Fourth Quarter 2015 Grupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, February 25, 2015 Information presented with respect to previous year under IFRS accounting
More informationQuarterly report as of March 31, 2005
Quarterly report as of March 31, 2005 Buzzi Unicem SpA Registered Office: Casale Monferrato (AL) - Via Luigi Buzzi 6 Capital Stock 118,168,678.80 Chamber of Commerce of Alessandria no. 00930290044 CONTENTS
More informationEARNINGS RELEASE 3Q18 VERTICALLY INTEGRATED TEXTILE COMPANY EARNINGS RELEASE
VERTICALLY INTEGRATED TEXTILE COMPANY EARNINGS RELEASE 3Q18 0 MESSAGE FROM THE CEO Dear Investor, The third quarter of 2018 posted an increase of 12.5% in sales, compared to the third quarter of 2017,
More informationOperational and Financial Results:
Operational and Financial Results: S e c o n d Q u a r t e r 2 0 1 2 Grupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, July 27, 2012 Information presented with respect to the same quarter of last
More informationConsolidated Balance Sheets Consolidated Balance Sheet
Consolidated Balance Sheets Consolidated Balance Sheet As of 2017 2016 Current Assets Cash and cash equivalents $ 12,681 $ 9,968 Short-term investments 30,338 18,664 Trade receivables 30,662 19,788 Other
More informationCONSOLIDATED US GAAP FINANCIAL STATEMENTS FOR MARCH 31, 2017
CONSOLIDATED US GAAP FINANCIAL STATEMENTS FOR MARCH 31, 2017 Contents: CONSOLIDATED INCOME STATEMENTS CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONSOLIDATED BALANCE SHEETS CONSOLIDATED STATEMENTS
More informationChange % Net sales 101, , Net income 7, , Net income attributable to stockholders of the Company
INVESTOR RELATIONS 2/21/2019 4:30 PM FOR IMMEDIATE RELEASE e Full Year 2018 Highlights Consolidated Net Sales and Operating Segment Income grew 8.2 and 8.5, respectively Advertising sales grew 2.1 during
More informationGrupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, July 27, 2009
Operational and Financial Results: Second Quarter 2009 Grupo Posadas, S.A.B. de C.V. & Subsidiaries Mexico City, July 27, 2009 Total revenues decreased 6% EBITDA decreased 32%, Net Income represents 10%
More informationNemak reports 4Q17 results
Nemak reports 4Q17 results - Quarterly revenues and EBITDA of US$1.1 billion and US$166 million, respectively - New contracts awarded to Nemak for US$130 million in annual revenues Monterrey, Mexico. February
More informationSYSCO REPORTS THIRD QUARTER EARNINGS
SYSCO REPORTS THIRD QUARTER EARNINGS HOUSTON, May 7, 2018 - Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week third fiscal quarter ended March 31, 2018. Third Quarter Fiscal
More informationStock information Mexican Stock Exchange Ticker: MEXCHEM*
Stock information Mexican Stock Exchange Ticker: MEXCHEM* Investor Relations Contact: Juan Francisco Sanchez Kramer www.mexichem.com jsanchezk@mexichem.com, telephone: (52) 555279 8319 Tlalnepantla, State
More informationMaxcom Telecomunicaciones, S.A.B de C.V.
Maxcom Telecomunicaciones, S.A.B de C.V. Third Quarter Results 2018 Content Earnings Results Summary and Relevant Events Commercial Business Unit Wholesale Business Unit Residential Business Unit Consolidated
More informationNemak posts 19% EBITDA 1 growth in 3Q15
Nemak posts 19% EBITDA 1 growth in 3Q15 Monterrey, Mexico. October 20, 2015. - Nemak, S.A.B. de C.V. ( Nemak ) (BMV: NEMAK), a leading provider of innovative light-weighting solutions for the global automotive
More information4Q17 EARNINGS RELEASE. Earnings Release 4Q17 1 / 16
EARNINGS RELEASE 4Q17 1 / 16 Monterrey, Mexico February 26 th, 2018. Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA), a leading Mexican commercial conglomerate in the retail, consumer and savings sector, announced
More informationGMéxico Transportes, S.A.B. de C.V. ( GMXT - BMV: GMXT*).
Mexico City, February 2, 2018 GMéxico Transportes, S.A.B. de C.V. ( GMXT - BMV: GMXT*). During 2017, GMXT achieved record EBITDA of P$16,526 million, translating into 14.4% growth vs. 2016. This followed
More informationVia Technologies, Inc. and Subsidiaries Consolidated Financial Statements for the Six Months Ended June 30, 2015 and 2014
Via Technologies, Inc. and Subsidiaries Consolidated Financial Statements for the Six Months Ended June 30, 2015 and 2014-1 - CONSOLIDATED BALANCE SHEETS June 30, 2015 (Reviewed) December 31, 2014 (Audited)
More information3Q18 Earnings Release
AHMSA Announces Third Quarter 2018 Results 3Q18 Earnings Release Monclova, Coahuila October 26, 2018 - Altos Hornos de Me xico, S.A.B. de C.V. and Subsidiaries ( AHMSA or the Company ) (BMV: AHMSA) reported
More information1Q18 EARNINGS RELEASE. Earnings Release 1Q18 1 / 15
EARNINGS RELEASE 1Q18 1 / 15 Monterrey, Mexico April 27 th, 2018. Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA), a leading Mexican commercial conglomerate in the retail, consumer and savings sector, announced
More informationEarnings Release 4Q15
Monterrey, Mexico, May 27, 2016. Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA), a leading Mexican commercial conglomerate in the retail, consumer credit and savings sectors, announced today its earnings results
More informationDigital River, Inc. Fourth Quarter Results (In thousands, except share data) Subject to reclassification
(In thousands, except share data) Consolidated Balance Sheets (Unaudited) 2012 2011 Assets Current assets Cash and cash equivalents $ 542,851 $ 497,193 Short-term investments 162,794 223,349 Accounts receivable,
More informationFirst Quarter Earnings Release. Megacable Holdings, S.A.B. de C.V.
First Quarter 2012 Earnings Release Megacable Holdings, S.A.B. de C.V. May 2, 2012 Guadalajara, Jalisco, Mexico, May 2, 2012 - Megacable Holdings S.A.B. de C.V. ( Megacable or the Company ) (BMV: MEGA.CPO)
More informationThird Quarter 2011 BMV: GFAMSA
Third Quarter 2011 BMV: GFAMSA Monterrey, Mexico. October 27, 2011 Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA) Report from the Chief Executive Officer on Grupo Famsa, S.A.B. de C.V. s third quarter 2011
More information