Grupo Mexicano de Desarrollo SAB 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

4,917.48

5,074.54

4,839.13

3,954.61

3,421.59

4,138.43

3,929.61

Other Operating Income

0.00

Total Operating income

4,917.48

5,074.54

4,839.13

3,954.61

3,421.59

4,138.43

3,929.61

Raw Material Cost

3,127.16

3,190.36

3,127.69

2,623.41

2,466.90

2,684.30

2,547.63

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

973.65

919.17

857.94

685.04

569.25

639.78

589.54

Power Cost

0.00

Manufacturing Expenses

248.65

281.91

236.22

182.61

175.85

324.26

306.82

Selling and Distribution Expenses

730.38

706.06

459.35

404.75

384.00

431.18

424.90

Other Expenses

-122.23

-120.11

-109.42

-86.77

-74.51

-96.40

-89.64

Total Expenditure (Excl Depreciation)

3,857.55

3,896.42

3,587.04

3,028.16

2,850.90

3,115.47

2,972.53

Operating Profit (PBDIT) excl Other Income

1059.8999999999999

1178.1

1252.1

926.5

570.7

1023

957.0999999999999

Other Income

116.47

144.49

126.17

21.45

79.76

56.85

6.18

Operating Profit (PBDIT)

1,542.96

1,652.55

1,689.27

1,233.21

980.91

1,397.42

1,224.15

Interest

248.65

281.91

236.22

182.61

175.85

324.26

306.82

Exceptional Items

247.13

-1.98

0.00

-12.91

Gross Profit (PBDT)

1,790.32

1,884.17

1,711.44

1,331.20

954.69

1,454.13

1,381.98

Depreciation

366.55

329.94

311.00

285.30

330.45

317.62

266.82

Profit Before Tax

1,174.90

1,038.72

1,142.04

765.30

474.60

755.54

637.60

Tax

219.09

338.23

266.19

181.14

153.00

237.42

222.92

Provisions and contingencies

0.00

Profit After Tax

622.95

334.44

463.19

293.52

175.51

263.67

180.51

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

622.95

334.44

463.19

293.52

175.51

263.67

180.51

Share in Profit of Associates

0.00

Minority Interest

370.33

390.80

437.89

294.64

179.25

298.49

292.46

Other related items

0.00

Consolidated Net Profit

993.28

725.24

901.07

588.16

354.76

562.15

472.97

Equity Capital

0.00

Face Value

0.0

Reserves

6,106.39

5,375.16

5,030.86

4,538.71

3,663.89

3,423.30

3,190.33

Earnings per share (EPS)

3.41

1.83

2.54

4.5

1.28

1.44

0.99

Diluted Earnings per share

3.41

1.83

2.54

4.5

1.28

1.44

0.99

Operating Profit Margin (Excl OI)

21.55%

23.22%

25.87%

23.43%

16.68%

24.72%

24.2%

Gross Profit Margin

31.35%

26.97%

30.03%

26.57%

23.53%

25.93%

23.02%

PAT Margin

12.67%

6.59%

9.57%

7.42%

5.13%

6.37%

4.59%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is -3.09% vs 4.86% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is 36.97% vs -19.52% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is -5.41% vs -3.52% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is -11.81% vs 19.35% in Dec 2023

Operating Profit Margin (Excl OI)

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

Compare Annual Results Of Grupo Mexicano de Desarrollo SAB With

Select Peers

Figures in Million

Consolidate Annual Results

Change(MXN)

Change(%)

Net Sales

4,917.48

6,473.36

-1,555.88

-24.04%

Other Operating Income

0.00

Total Operating income

4,917.48

6,473.36

-1,555.88

-24.04%

Raw Material Cost

3,127.16

746.77

2,380.39

318.76%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

973.65

811.56

162.09

19.97%

Power Cost

0.00

Manufacturing Expenses

248.65

3,139.00

-2,890.35

-92.08%

Selling and Distribution Expenses

730.38

605.81

124.57

20.56%

Other Expenses

-122.23

-256.05

133.82

52.26%

Total Expenditure (Excl Depreciation)

3,857.55

2,742.59

1,114.96

40.65%

Operating Profit (PBDIT) excl Other Income

1,059.94

3,730.77

-2,670.83

-71.59%

Other Income

116.47

-934.17

1,050.64

112.47%

Operating Profit (PBDIT)

1,542.96

2,924.45

-1,381.49

-47.24%

Interest

248.65

3,139.00

-2,890.35

-92.08%

Exceptional Items

247.13

1,616.61

-1,369.48

-84.71%

Gross Profit (PBDT)

1,790.32

5,598.74

-3,808.42

-68.02%

Depreciation

366.55

127.85

238.70

186.70%

Profit Before Tax

1,174.90

1,274.21

-99.31

-7.79%

Tax

219.09

356.51

-137.42

-38.55%

Provisions and contingencies

0.00

Profit After Tax

622.95

795.42

-172.47

-21.68%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

622.95

795.42

-172.47

-21.68%

Share in Profit of Associates

0.00

Minority Interest

370.33

179.57

190.76

106.23%

Other related items

0.00

Consolidated Net Profit

993.28

975.00

18.28

1.87%

Equity Capital

0.00

Face Value

0.00

Reserves

6,106.39

28,543.88

-22,437.49

-78.61%

Earnings per share (EPS)

3.41

0.53

2.88

543.40%

Diluted Earnings per share

3.41

0.53

2.88

543.40%

Operating Profit Margin (Excl OI)

21.55%

57.63%

0.00

-36.08%

Gross Profit Margin

31.35%

21.66%

0.00

9.69%

PAT Margin

12.67%

12.29%

0.00

0.38%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 491.75 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -3.09% vs 4.86% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 99.33 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 36.97% vs -19.52% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 142.65 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -5.41% vs -3.52% in Dec 2023

Annual - Interest

Interest 24.86 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -11.81% vs 19.35% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 21.55%

in Dec 2024

Figures in %

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