Grupo Kuo, S.A.B. de C.V. announced unaudited consolidated and proforma earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported on proforma basis, net revenue of MXN 9,739 million against MXN 8,965 million a year ago. Operating profit was MXN 1,052 million against MXN 731 million a year ago. Operating cash flow (EBITDA) was MXN 1,314 million against MXN 959 million a year ago. Loss before income taxes and discontinued operations was MXN 6 million against profit of MXN 138 million a year ago. Loss from continuing operations was MXN 139 million against MXN 171 million a year ago. Consolidated net loss was MXN 78 million against MXN 93 million a year ago. Consolidated net loss attributable to controlling interest was MXN 76 million against MXN 86 million a year ago. The increase of operating income and EBITDA driven by improved sales mix and operating performance of Chemical sector. For the year, the company reported on proforma basis, net revenue of MXN 39,261 million against MXN 33,627 million a year ago. Operating profit was MXN 4,142 million against MXN 2,941 million a year ago. Operating cash flow (EBITDA) was MXN 5,326 million against MXN 4,010 million a year ago. Profit before income taxes and discontinued operations were MXN 2,687 million against profit of MXN 1,116 million a year ago. Profit from continuing operations was MXN 1,716 million against MXN 890 million a year ago. Consolidated net profit was MXN 1,712 million against MXN 1,070 million a year ago. Consolidated net profit attributable to controlling interest was MXN 1,718 million against MXN 1,079 million a year ago. For the quarter, the company reported on consolidated basis, net revenue of MXN 6,181 million against MXN 5,780 million a year ago. Operating profit was MXN 1,044 million against MXN 590 million a year ago. Operating cash flow (EBITDA) was MXN 1,314 million against MXN 959 million a year ago. Profit before income taxes and discontinued operations were MXN 15 million against profit of MXN 32 million a year ago. Loss from continuing operations was MXN 137 million against MXN 164 million a year ago. Consolidated net loss was MXN 76 million against MXN 86 million a year ago. Consolidated net loss attributable to controlling interest was MXN 76 million against MXN 86 million a year ago. Revenue growth of 9% on a quarterly basis and 17% year over year, driven by increased volume and prices in most portfolio businesses, underscoring Chemical and Consumer sectors. EBITDA growth of 37% on a quarterly basis and 33% year over year, due to the approach to differentiated products, mainly in Chemical and Consumer sectors, in hand with a strict control over expenses. Major investment in productive assets (CAPEX) amounting MXN 1.202 million during the quarter, continuing with the growth program timely and in due form. For the year, the company reported on consolidated basis, net revenue of MXN 24,473 million against MXN 21,618 million a year ago. Operating profit was MXN 3,721 million against MXN 2,443 million a year ago. Operating cash flow (EBITDA) was MXN 5,326 million against MXN 4,010 million a year ago. Profit before income taxes and discontinued operations were MXN 2,406 million against profit of MXN 713 million a year ago. Profit from continuing operations was MXN 1,722 million against MXN 900 million a year ago. Consolidated net profit was MXN 1,718 million against MXN 1,080 million a year ago. Consolidated net profit attributable to controlling interest was MXN 1,718 million against MXN 1,079 million a year ago. Major investment in productive assets (CAPEX) amounting MXN 3,373 million for the full year, continuing with the growth program timely and in due form. Net debt was MXN 9,013 million against MXN 6,775 million in the fourth quarter of 2016 and MXN 8,361 million in the third quarter of 2017. Net debt was increased with respect to third quarter due to investment in productive assets carried out during the quarter, higher working capital requirements, and an exchange rate effect.