Grupo TMM Reports 2019 Fourth-Quarter and Full-Year Financial Results
GRUPO TMM SAB ADR A NEW (GTMAY)
NASDAQ:AMEX Investor Relations:
tmm.com.mx/english/html/inversionistas-preguntas.html
Company Research
Source: GlobeNewswire
(In Millions of Mexican Pesos) 2019 Fourth-Quarter Results and Full-Year Include: Full-Year Consolidated income of $1,475.7 million.Free Cash Flow of $514.5 million.Does not show Net Debt, its Total Debt is lower than the Free Cash Flow.Stockholders’ Equity of $2,404.5 million. Financial Debt of 10.8 percent from Stockholders’ Equity.Full-Year EBITDA of $321.3 million. MEXICO CITY, Feb. 27, 2020 (GLOBE NEWSWIRE) -- Grupo TMM, S.A.B. (OTC: GTMAY and BMV: TMM A; “TMM” or the “Company”), a Mexican Maritime-management transportation and logistics Company, reported today its financial results for the fourth quarter and full year 2019. MANAGEMENT OVERVIEWJosé F. Serrano, Chairman and Chief Executive Officer of Grupo TMM, said, "With integrated services and the highest quality standards from more than 60 years of experience, Grupo TMM remains the best Maritime-management transportation and logistics option for all participants in the Mexican and Caribbean energy industry.” “While the
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