Earnings Report /
Mexico

Alfa: ALFA, Quarterly Report 2Q21: Clear recovery momentum; Guidance rises again

  • Another solid quarter, with outstanding results from Alpek, mitigating Axtel's performance and with recovery in Sigma

  • Due to an improved Alpek’s outlook, Alfa raised its EBITDA guidance ~8% to US$1.8 billion. NAV discount stands at 8.4%

  • Continues with a strategy to detonate value through debt reduction, focus on key businesses and their independence

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Banorte
23 July 2021
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