GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST NINE MONTHS OF 2024
Grupo Simec, S.A.B. de C.V. American Depositary Shares (SIM)
NASDAQ:AMEX Investor Relations:
gsimec.com.mx/index.php?lang=en
Company Research
Source: PR Newswire
GUADALAJARA, Mexico, Oct. 29, 2024 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the nine-month period ended September 30, 2024.Comparative first nine months of 2024 vs. first nine months of 2023Net SalesNet sales of the Company decreased to Ps. 24,828 million in the first nine months of 2024 compared to Ps. 32,401 million in the first nine months of 2023. Shipments of finished steel products decreased 6% to 1 million 536 thousand tons in the first nine months of 2024 compared to 1 million 640 thousand tons in the first nine months of 2023. Total sales outside of Mexico in the first nine months of 2024 decreased 19% to Ps. 10,979 million compared to Ps. 13,571 million in the same period of 2023. Mexican sales decreased 26% from Ps. 18,830 million in the first nine months of 2023 to Ps. 13,849 million in the same period of 2024. The decrease in sales for the first nine months of 2024 is due to a decrease in the average s
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Sec Filings
- 11/18/24 - Form 20-F
- 11/18/24 - Form 6-K
- 10/31/24 - Form 6-K
- SIM's page on the SEC website