Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Mexican Stock Exchange  >  GMéxico Transportes, S.A.B. de C.V.    GMXT *   MX01GM1Z0019

GMÉXICO TRANSPORTES, S.A.B. DE C.V.

(GMXT *)
  Report
End-of-day quote. End-of-day quote Mexican Stock Exchange - 10/19
26.5 MXN   -2.07%
2018Businesses turn up heat on Mexican government over crime surge
RE
2018Miner Grupo Mexico blames freight train derailments on 'sabotage'
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Miner Grupo Mexico blames freight train derailments on 'sabotage'

share with twitter share with LinkedIn share with facebook
05/26/2018 | 01:51am EDT
FILE PHOTO: Logo of mining and infrastructure firm Grupo Mexico is pictured at its headquarters in Mexico City

MEXICO CITY (Reuters) - Mexican miner and infrastructure firm Grupo Mexico on Friday said in a statement that seven freight train derailments were due to "sabotage" and would cost the company 312 million pesos ($16 million).

The incidents happened since April between the key commercial port of Veracruz and central Mexico.

The state of Veracruz on Mexico's Gulf coast has suffered a wave of violence in recent years as drug cartels seeking to diversify their income streams branch into fuel theft and assaults on trains and trucks.

Shares in the company's Grupo Mexico Transportes unit, which operates Mexico's most extensive rail network, fell almost 2 percent on Friday, while Mexico's benchmark S&P/BMV IPC index <.MXX> dropped 0.75 percent.

Grupo Mexico was forced to close a key route from Veracruz to central Mexico last weekend, after 39 train cars loaded with wheat and four locomotives hurtled down a slope and collided. The railway re-opened on Wednesday.

(Reporting by Noe Torres; Writing by Daina Beth Solomon)

By Noe Torres


Stocks mentioned in the article
ChangeLast1st jan.
GMÉXICO TRANSPORTES, S.A.B. DE C.V. -2.07% 26.5 End-of-day quote.5.54%
MEXICO IPC 1.36% 38196.72 Real-time Quote.-13.01%
WHEAT FUTURES (W) - CBR (FLOOR)/C1 0.80% 632 End-of-day quote.12.21%
share with twitter share with LinkedIn share with facebook
All news about GMÉXICO TRANSPORTES, S.A.B. DE C.V.
2018Businesses turn up heat on Mexican government over crime surge
RE
2018Miner Grupo Mexico blames freight train derailments on 'sabotage'
RE
More news
Financials (USD)
Sales 2020 2 202 M - -
Net income 2020 279 M - -
Net Debt 2020 1 079 M - -
P/E ratio 2020 18,9x
Yield 2020 3,58%
Capitalization 5 123 M 5 139 M -
EV / Sales 2020 2,82x
EV / Sales 2021 2,48x
Nbr of Employees 10 969
Free-Float 98,9%
Chart GMÉXICO TRANSPORTES, S.A.B. DE C.V.
Duration : Period :
GMéxico Transportes, S.A.B. de C.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GMÉXICO TRANSPORTES, S.A.B. DE C.V.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 1,49 $
Last Close Price 1,25 $
Spread / Highest target 32,9%
Spread / Average Target 19,0%
Spread / Lowest Target 4,30%
EPS Revisions
Managers
NameTitle
Alfredo de Jesús Casar Perez General Manager & Director
Germán Larrea Mota-Velasco Chairman
Hugo Rafael Gómez Díaz Gómez Director & Operation Director
Claudia Abaunza Finance Director
Fernando López Guerra Larrea Director & General Director-Administration
Sector and Competitors
1st jan.Capitalization (M$)
GMÉXICO TRANSPORTES, S.A.B. DE C.V.5.54%5 139
UNION PACIFIC13.76%139 610
CANADIAN NATIONAL RAILWAY COMPANY24.69%79 015
CSX CORPORATION10.71%60 477
NORFOLK SOUTHERN CORPORATION10.07%54 509
CANADIAN PACIFIC RAILWAY LIMITED29.52%43 844