Grupo Simec SAB de CV operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Simec SAB de CV with three other
steel companies in Latin America:
sales of 1.12 trillion Chilean Pesos [US$1.46 billion]
of which 49%
Corporacion Aceros Arequipa S.A.
(3.13 billion Peruvian Sols [US$868.49 million]
of which 67%
was Construction Bars and Wire), and
Industrias CH SAB de CV
(37.77 billion Mexican Pesos [US$1.89 billion]
of which 41%
was Steel - Special).
During the year ended December of 2019, sales at
Grupo Simec SAB de CV were 34.17 billion Mexican Pesos (US$1.71 billion).
decrease of 4.2%
versus 2018, when the company's sales were 35.68 billion Mexican Pesos.
Contributing to the drop in overall sales was the 19.3% decline
in Sills, from 2.27 billion Mexican Pesos to 1.83 billion Mexican Pesos.
There were also decreases in sales in
Laminated Bars - Hot (down 13.9% to 8.23 billion Mexican Pesos)
Laminated Bars - Cold (down 17.9% to 3.10 billion Mexican Pesos)
Commercial Profile (down 15.6% to 1.40 billion Mexican Pesos)
Other/foreign (down 16.0% to 1.72 billion Mexican Pesos)
However, these declines were partially offset by the increase in sales of
Dipsticks (up 0.1% to 12.37 billion Mexican Pesos)
Structure Profile (up 35.4% to 3.30 billion Mexican Pesos)
Bars (up 40.9% to 2.22 billion Mexican Pesos)