Earnings Report /

Terrafina: TERRA, Quarterly Report 2Q21: Quarter reflects higher profitability in FFO

  • A quarter with declines, in line with our estimates at operating level, although the advance in net income surprised

  • With the REIT´s new growth strategy, it now aims to optimize the portfolio with a focus on e-commerce and nearshoring

  • Due to the latter, it adjusted its annual distribution to US$0.083-US$0.084

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Eridani Ruibal Ortega
Eridani Ruibal Ortega

Jr Equity Research Analyst

27 July 2021
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