Earnings Report /
Mexico

Grupo Mexico: Quarterly Report 3Q21: Profitability progress and attractive valuation stand out

  • 3Q21 was positive, with outstanding production levels, better-than-expected margins and a very interesting dividend

  • The Mining division (AMC) stood out for its favorable performance, mainly due to higher copper prices

  • Figures confirm the favorable outlook, with financial strength, steady distributions and an attractive valuation

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
28 October 2021
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