Monterrey, N.L., Mexico, April 15, 2016. - ALFA, S.A.B. de C.V. (ALFA), one of Mexico's leading diversified companies, announced today an update to its guidance for 2016, to incorporate Axtel after the merger with Alestra was closed on February 15th, 2016. For the current year, the Company expects the following:
ALFA Guidance 2016 (U.S. $ Millions)
Revenues
EBITDA
Capex
2015
2016e
%
2015
Extr. Items
2015 Norm.
2016e
%
2015
2016e
ALFA
16,315
16,252
0
2,420
210
2,210
2,342
6
1,606
1,435
Sigma
5,901
5,900
0
869
161
708
680
-4
660
360
Alpek
5,284
4,800
-9
630
26
604
630
4
317
320
Nemak
4,482
4,500
0
759
759
777
2
460
495
Axtel
389
857
120
166
23
143
305
144
101
224
Newpek
89
57
-36
40
40
10
-75
59
30
2015 EBITDA has been normalized to account for one-time items
Including acquisitions
2015 figures include Alestra only; 2016 incorporates Axtel after merger date (Feb 15).
ALFA's 2016 guidance has been prepared under the following assumptions:
Macroeconomics:
Mx GDP growth: 2.4%
USA GDP growth: 2.5%
Avg. exchange rate Mx Peso to US$: $18.0
Avg. exchange rate Euro to US$: $1.07
Avg. oil price (Brent): US$38/barrel
About ALFA
ALFA is a company that manages a portfolio of diversified subsidiaries: Sigma, an important producer, marketer and distributor of foods through recognized brands in Mexico, the United States, Europe and Latin America; Alpek, one of the world's largest producers of polyester (PTA, PET and fibers), which also leads the Mexican market in polypropylene, expandable polystyrene (EPS) and caprolactam; Nemak, a leading provider of innovative lightweighting solutions for the automotive industry, specializing in the development and manufacturing of aluminum components for powertrain and body structure; Axtel, a provider of Information Technology and Communication services for the enterprise, government and residential markets, through its Alestra and Axtel brands; and, Newpek, a company in the hydrocarbons industry in Mexico and the United States. In 2015, ALFA reported revenues of Ps. 258,300 million (U.S. $16.3 billion), and EBITDA of Ps. 38,440 million (U.S. $2.4 billion). ALFA's shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange.
Alfa SAB de CV issued this content on 15 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 April 2016 20:08:07 UTC
Original Document: http://www.alfa.com.mx/SP/press.htm?md=abril15&y=2016
Alfa SAB de CV is a Mexico-based holding company, which manages a portfolio of diversified subsidiaries. Its portfolio includes Sigma, a producer, marketer and distributor of foods under a number of brands in Mexico, the United States, Europe and Latin America; Alpek, a producer of polyester, namely purified terephthalic acid (PTA), polyethylene terephthalate (PET) and fibers, and offers to the Mexican market expandable polystyrene (EPS) and caprolactam, among others; Nemak, a provider of lightweighting solutions for automotive industry and specialized in the development and manufacturing of aluminum components for powertrain and body structure; Axtel, a provider of information technology and communication services for enterprises, government and residential markets through its Alestra and Axtel brands, and Newpek, which is an oil and gas exploration and production company with operations in Mexico and the United States.
ALFA S.A.B. DE C.V. 
