Grupo Vasconia SAB operates within the Household cooking equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Vasconia SAB with three other
manufacturers of household appliances in Latin America:
sales of 3.33 billion Argentinian Pesos [US$34.85 million]
Electrolux De Chile SA
(164.01 billion Chilean Pesos [US$221.41 million]
of which 95%
was Household), and
based in CHILE
(45.13 billion Chilean Pesos [US$60.93 million]
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Grupo Vasconia SAB totalled
1.09 billion Mexican Pesos.
an increase of 72.2%
from the 633.04 million Mexican Pesos in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Grupo Vasconia SAB in the previous 28 quarters.
There appears to be at least some degree of seasonality in the sales at Grupo Vasconia SAB: during 7 of the previous 8
years, sales were highest during the fourth quarter.
The exception to this was during 2015, when the
second quarter was the best quarter, accounting for
27% of sales (during that same year, the
fourth quarter accounted for 23% of sales).
During the year ended December of 2020, sales at
Grupo Vasconia SAB were 3.33 billion Mexican Pesos (US$163.68 million).
increase of 8.3%
versus 2019, when the company's sales were 3.07 billion Mexican Pesos.
Despite this increase, sales are still
below the level achieved in 2018, when Grupo Vasconia SAB
reported sales of 3.46 billion Mexican Pesos.
Sales of Microwaves saw an increase
that was more than double the company's growth rate: sales were up
78.1% in 2020, from
178.03 million Mexican Pesos to 317.07 million Mexican Pesos.
Grupo Vasconia SAB also saw significant increases in sales in
Pans Ans Batteries (up 13.5% to 1.29 billion Mexican Pesos)
Not all segments of Grupo Vasconia SAB experienced an increase in sales in 2020:
sales of Thermos fell 39.7% to 43.17 million Mexican Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).
Grupo Vasconia SAB also experienced decreases in sales in
Discs (down 0.5% to 1.68 billion Mexican Pesos)