Grupo Mexico SAB de CV operates within the Copper ores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Mexico SAB de CV with three other
copper companies in Latin America:
Sociedad Minera Cerro Verde Saa
of PERU
(2019
sales of 9.65 billion Peruvian Sols [US$2.65 billion]
of which 79%
was Copper Concentrates),
Southern Peru Copper Corporation (Lima Branch)
of PERU
(9.82 billion Peruvian Sols [US$2.70 billion]
), and
Nexa Resources Atacocha SAA
which is
also
based in PERU
(319.76 million Peruvian Sols [US$87.97 million]
of which 72%
was Lead).
Sales Analysis.
During the year ended December of 2019, sales at
Grupo Mexico SAB de CV were 206.67 billion Mexican Pesos (US$10.35 billion).
This
is
an
increase of 2.4%
versus 2018, when the company's sales were 201.75 billion Mexican Pesos.
This was the fifth consecutive year of sales increases at Grupo Mexico SAB de CV
(and since 2014, sales have increased a total of 66%).
Sales of Spcc saw an increase
that was more than double the company's growth rate: sales were up
15.1% in 2019, from
49.44 billion Mexican Pesos to 56.89 billion Mexican Pesos.
Grupo Mexico SAB de CV also saw significant increases in sales in
Transport Service (up 5.4% to 46.96 billion Mexican Pesos)
.
Not all segments of Grupo Mexico SAB de CV experienced an increase in sales in 2019:
sales of Asarco fell 20.0% to 13.37 billion Mexican Pesos.
Grupo Mexico SAB de CV also experienced decreases in sales in
Infrastructure (down 1.4% to 5.57 billion Mexican Pesos)
.