Earnings Report /
Mexico

GMexico Transportes: Quarterly Report 3Q21: Higher profitability, dividends and financial strength

  • A positive quarter, supported by the economic and volume recovery, while Gmxt continues to focus on greater efficiencies

  • The company declared a higher-than-expected dividend and confirmed important investments in 2022

  • The report should be well received, given the expectation of sustained growth and financial strength

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Banorte
25 October 2021
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