Grupo Profuturo S.A.B. DE C.V. operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Profuturo S.A.B. DE C.V. with three other
insurance companies in Latin America:
BB Seguridade Participacoes SA
sales of 5.24 billion Brazilian Reals [US$1.04 billion]
of which 109%
(1.05 trillion Chilean Pesos [US$1.45 billion]
of which 57%
was Life Insurance), and
Pacifico Compania de Seguros y Reaseguros
based in PERU
(3.24 billion Peruvian Sols [US$833.28 million]
During the first
quarter of 2021, sales at Grupo Profuturo S.A.B. DE C.V. totalled
6.50 billion Mexican Pesos.
an increase of 37.3%
from the 4.73 billion Mexican Pesos in sales at the company during the first quarter of 2020.
This was the largest same quarter increase in sales since the fourth
quarter of 2017.
During the year ended December of 2020, sales at
Grupo Profuturo S.A.B. DE C.V. were 19.23 billion Mexican Pesos (US$960.76 million).
a very small
increase of 1.9%
versus 2019, when the company's sales were 18.88 billion Mexican Pesos.
This was the fifth consecutive year of sales increases at Grupo Profuturo S.A.B. DE C.V.
(and since 2015, sales have increased a total of 116%).
Sales of Pension Fund Administration saw an increase
that was more than double the company's growth rate: sales were up
11.4% in 2020, from
5.73 billion Mexican Pesos to 6.38 billion Mexican Pesos.
Not all segments of Grupo Profuturo S.A.B. DE C.V. experienced an increase in sales in 2020:
sales of Pension Insurance fell 2.6% to 12.71 billion Mexican Pesos.