GMexico Transportes SAB de CV

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7 articles for GMexico Transportes SAB de CV

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

GMXT declared a higher-than-expected dividend and confirmed important investments in 2022. Quarter underpinned by a favorable performance in virtually all segments. The above, together with better productivity indicators, boosted EBITDA by 11.5% y/y ...
Banorte Marissa
Marissa Garza Ostos @ Banorte 25 October 2021

GMexico Transportes: GMXT, Quarterly Report 2Q21: Growth returns with solid results

The report should be welcomed, as it points to sustained growth in coming quarters. Positive quarter with better performance in all segments. As a result, the company's revenues grew 17.0% y/y to MXN 12.9 billion (+7.0% y/y), with a 17.0% y/y increas...
Banorte Marissa
Marissa Garza Ostos @ Banorte 27 July 2021

GMexico Transportes: GMXT, Quarterly Report 1Q21: Transported volume returns to positive territory

The report should be neutral for the stock. Quarter confirms gradual recovery. Figures reflect greater economic dynamism that supported a sequential recovery despite a challenging year start. However, the advance was offset by lower prices (-2.0% y/y...
Banorte Marissa
Marissa Garza Ostos @ Banorte 26 April 2021

GMexico Transportes: Quarterly Report 4Q20: 2020 concludes with signs of recovery

4Q20 shows that GMXT is on track to resume growth, with sequential volume advances. Lower freight revenues pressured profitability. GMXT posted a 7.6% y/y decline in revenues, to MXN 11.2 billion, lower than expected, as a result of a 3.2% y/y fall (...
Banorte Marissa
Marissa Garza Ostos @ Banorte 25 January 2021

Top Picks 2021: Favoring recovery and valuation

Having come to the end of a year of important and highly complex challenges, 2021 holds better prospects, supported by the expected recovery and the beginning of the path towards a new post-pandemic normality. We believe that appetite for risky asset...
Banorte Marissa
Marissa Garza Ostos @ Banorte 25 January 2021
Top Picks 2021: Favoring recovery and valuation
Top Picks 2021: Favoring recovery and valuation

GMexico Transportes: Favorable outlook and very attractive valuation

2021 is shaping up as a year of economic recovery that should be reflected on a good outlook for GMXT. This, coupled with a very low comparative base, would be reflected in a significant volume increase. On a consolidated basis, we anticipate a 2.9% ...
Banorte Marissa
Marissa Garza Ostos @ Banorte 8 January 2021

Details

Mexico
LatAm
Transportation
About
GMexico Transportes, S.A.B. de C.V. operates as a railroad transportation company. The Company offers hauling services by railroad, as well as passenger transportation. GMexico Transportes also provides logistics solutions in different segments, such as agricultural, automotive and intermodal volumes.

Associated topics

GMXT Marissa Garza Ostos Equity Industrials GMexico Transportes SAB de CV Mexico Transportation Eridani Ruibal Ortega 2021 MXN 2020 Jose Itzamna Espitia Hernandez US Chihuahua