Monterrey, Mexico. July 27, 2017. - ALFA, S.A.B. de C.V. (ALFA), one of Mexico's leading industrial companies, announced today it is updating 2017 EBITDA and Capex guidance previously released past February 15, 2017. The information follows (figures in million U.S. dollars):
EBITDA
Capex
Previous
New
Previous
New
ALFA y Subs
2,161
2,153
1,098
1,063
Sigma
671
671
227
227
Alpek
502
502
238
238
Nemak
802
750
430
395
Axtel
232
276
176
176
Newpek
7
7
24
24
EBITDA equals operating income plus depreciation and amortization plus nonrecurring items
About ALFA
ALFA is a holding company that manages a portfolio of diversified subsidiaries: Sigma, a significant producer, marketer and distributor of foods under 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 is also a market leader in the Mexican market for polypropylene, expandable polystyrene (EPS) and caprolactam; Nemak, a leading provider of innovative lightweighting solutions for the global 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, an oil and gas exploration and production company with operations in Mexico and the United States. In 2016, ALFA reported revenues of Ps. 293,782 million (U.S. $15.8 billion), and EBITDA of Ps. 43,254 million (U.S. $2.3 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 published this content on 27 July 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 July 2017 17:48:03 UTC.
Original documenthttp://www.alfa.com.mx/SP/press.htm?md=julio27&y=2017
Public permalinkhttp://www.publicnow.com/view/720656EC03A3AFFB4A9982717DC0B9166DE34F1B
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.