ALFA S.A.B. DE C.V.
Julio 15, 2014
ALFA Updates Guidance for 2014
Monterrey, Mexico. July 15, 2013. - ALFA, S.A.B. de C.V. (ALFA), one of Mexico's leading industrial companies, today announced it is updating 2014 EBITDA guidance previously released past February 13, 2014. The information follows (figures in million U.S. dollars):
ALFA is the largest independent producer of aluminum engine components for the automotive industry in the world, and one of the world's largest producers of polyester (PTA, PET and fibers). In addition, it leads the Mexican market in petrochemicals such as polypropylene, expandable polystyrene and caprolactam. It is the leading maker of processed meats in North America, and of cheese in Mexico, as well as a leading company in information technology and communications services for the business segment in this country. Since 2006, it participates in the hydrocarbon industry in the U.S. In 2013, ALFA reported revenues of Ps. 203,456 million (U.S. $15.9 billion), and EBITDA of Ps. 24,534 million (U.S. $1.9 billion). Currently, ALFA has manufacturing operations in 23 countries and employs 68,000 people. ALFA's shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange.
For further information:
Enrique Flores
Vice President, Corporate Communications
ALFA, S.A.B. de C.V.
Phone + 52 (81) 8748-1207
eflores@alfa.com.mx
ALFA Updates Guidance for 2014
Monterrey, Mexico. July 15, 2013. - ALFA, S.A.B. de C.V. (ALFA), one of Mexico's leading industrial companies, today announced it is updating 2014 EBITDA guidance previously released past February 13, 2014. The information follows (figures in million U.S. dollars):
EBITDA | ||||||
Previous | ||||||
| ALFA y Subs. | 1,970 | 1,950 | ||||
| Alpek | 570 | 500 | ||||
| Nemak | 650 | 700 | ||||
| Sigma | 1 | 560 | 560 | |||
| Alestra | 165 | 165 | ||||
| Newpek | 110 | 110 | ||||
| Note: | ||||||
| 1 |
Does not include the contribution of Campofrio in the second half of the year. EBITDA equals operating income plus depreciation and amortization plus nonrecurring items. | |||||
ALFA is the largest independent producer of aluminum engine components for the automotive industry in the world, and one of the world's largest producers of polyester (PTA, PET and fibers). In addition, it leads the Mexican market in petrochemicals such as polypropylene, expandable polystyrene and caprolactam. It is the leading maker of processed meats in North America, and of cheese in Mexico, as well as a leading company in information technology and communications services for the business segment in this country. Since 2006, it participates in the hydrocarbon industry in the U.S. In 2013, ALFA reported revenues of Ps. 203,456 million (U.S. $15.9 billion), and EBITDA of Ps. 24,534 million (U.S. $1.9 billion). Currently, ALFA has manufacturing operations in 23 countries and employs 68,000 people. ALFA's shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange.
For further information:
Enrique Flores
Vice President, Corporate Communications
ALFA, S.A.B. de C.V.
Phone + 52 (81) 8748-1207
eflores@alfa.com.mx
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