Accel SAB de CV Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

13,589.29

12,419.87

12,986.50

10,401.99

9,876.30

9,101.10

8,046.08

Other Operating Income

0.00

Total Operating income

13,589.29

12,419.87

12,986.50

10,401.99

9,876.30

9,101.10

8,046.08

Raw Material Cost

10,727.78

10,154.83

10,472.17

8,157.43

7,682.20

6,803.76

5,927.24

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

2,720.22

2,554.66

2,595.03

2,131.92

2,029.05

1,784.74

1,575.13

Power Cost

0.00

Manufacturing Expenses

410.26

176.32

113.08

48.45

54.71

47.22

26.14

Selling and Distribution Expenses

1,926.18

1,748.93

1,969.14

1,510.38

1,610.08

1,517.03

1,438.99

Other Expenses

-313.05

-273.10

-270.81

-218.04

-208.38

-183.20

-160.13

Total Expenditure (Excl Depreciation)

12,653.97

11,903.76

12,441.31

9,667.82

9,292.27

8,320.79

7,366.23

Operating Profit (PBDIT) excl Other Income

935.3

516.1

545.2

734.2

584

780.3

679.9

Other Income

349.45

53.45

18.14

25.35

0.43

402.29

29.66

Operating Profit (PBDIT)

2,186.07

1,395.71

1,239.87

1,322.49

1,121.18

1,594.12

938.28

Interest

410.26

176.32

113.08

48.45

54.71

47.22

26.14

Exceptional Items

-205.85

55.86

0.00

50.66

0.00

84.77

Gross Profit (PBDT)

2,861.51

2,265.03

2,514.33

2,244.55

2,194.10

2,297.34

2,118.84

Depreciation

901.29

826.17

676.53

562.97

536.73

411.53

228.76

Profit Before Tax

668.67

449.09

450.26

761.72

529.75

1,135.38

768.14

Tax

136.38

130.13

124.76

274.24

202.43

297.90

192.83

Provisions and contingencies

0.00

Profit After Tax

389.28

263.12

255.04

330.38

249.40

538.94

381.20

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

389.28

263.12

255.04

330.38

249.40

538.94

381.20

Share in Profit of Associates

0.00

Minority Interest

143.01

55.84

70.46

157.11

77.93

298.54

194.11

Other related items

0.00

Consolidated Net Profit

532.29

318.96

325.50

487.49

327.32

837.48

575.31

Equity Capital

0.00

Face Value

0.0

Reserves

5,200.16

4,314.71

4,365.98

4,261.72

3,813.42

3,450.82

3,030.78

Earnings per share (EPS)

2.06

1.39

1.35

1.75

1.32

2.85

2.02

Diluted Earnings per share

2.06

1.39

1.35

1.75

1.32

2.85

2.02

Operating Profit Margin (Excl OI)

6.88%

4.16%

4.2%

7.06%

5.91%

8.57%

8.45%

Gross Profit Margin

11.55%

10.27%

8.68%

12.74%

10.8%

17.0%

12.39%

PAT Margin

2.86%

2.12%

1.96%

3.18%

2.53%

5.92%

4.74%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is 9.42% vs -4.36% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is 66.87% vs -2.00% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is 36.82% vs 9.87% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is 132.73% vs 55.88% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has improved from Dec 2023

Compare Annual Results Of Accel SAB de CV With

Select Peers

Figures in Million

Consolidate Annual Results

Change(MXN)

Change(%)

Net Sales

13,589.29

37,424.88

-23,835.59

-63.69%

Other Operating Income

0.00

Total Operating income

13,589.29

37,424.88

-23,835.59

-63.69%

Raw Material Cost

10,727.78

23,354.62

-12,626.84

-54.07%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

2,720.22

4,458.71

-1,738.49

-38.99%

Power Cost

0.00

Manufacturing Expenses

410.26

1,082.28

-672.02

-62.09%

Selling and Distribution Expenses

1,926.18

8,849.19

-6,923.01

-78.23%

Other Expenses

-313.05

-554.10

241.05

43.50%

Total Expenditure (Excl Depreciation)

12,653.97

32,203.81

-19,549.84

-60.71%

Operating Profit (PBDIT) excl Other Income

935.33

5,221.07

-4,285.74

-82.09%

Other Income

349.45

277.28

72.17

26.03%

Operating Profit (PBDIT)

2,186.07

6,843.77

-4,657.70

-68.06%

Interest

410.26

1,082.28

-672.02

-62.09%

Exceptional Items

-205.85

-35.73

-170.12

-476.13%

Gross Profit (PBDT)

2,861.51

14,070.26

-11,208.75

-79.66%

Depreciation

901.29

1,249.73

-348.44

-27.88%

Profit Before Tax

668.67

4,476.03

-3,807.36

-85.06%

Tax

136.38

1,537.47

-1,401.09

-91.13%

Provisions and contingencies

0.00

Profit After Tax

389.28

1,359.89

-970.61

-71.37%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

389.28

1,359.89

-970.61

-71.37%

Share in Profit of Associates

0.00

Minority Interest

143.01

1,987.64

-1,844.63

-92.81%

Other related items

0.00

Consolidated Net Profit

532.29

3,347.54

-2,815.25

-84.10%

Equity Capital

0.00

Face Value

0.00

Reserves

5,200.16

7,892.82

-2,692.66

-34.12%

Earnings per share (EPS)

2.06

4.19

-2.13

-50.84%

Diluted Earnings per share

2.06

4.19

-2.13

-50.84%

Operating Profit Margin (Excl OI)

6.88%

14.21%

0.00

-7.33%

Gross Profit Margin

11.55%

15.30%

0.00

-3.75%

PAT Margin

2.86%

3.63%

0.00

-0.77%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 1,358.93 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 9.42% vs -4.36% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 53.23 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 66.87% vs -2.00% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 183.66 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 36.82% vs 9.87% in Dec 2023

Annual - Interest

Interest 41.03 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 132.73% vs 55.88% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 6.88%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has improved from Dec 2023