Grupo Lamosa Reports Earnings Results for the Second Quarter and Year to Date of 2017
July 25, 2017
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Grupo Lamosa reported earnings results for the second quarter and year to date of 2017. For the quarter, the company reported net sales of MXN 4,268 million compared to MXN 2,977 million a year ago. Operating income was MXN 746 million compared to MXN 603 million a year ago. EBITDA was MXN 957 million compared to MXN 737 million a year ago. Net income was MXN 331 million compared to MXN 226 million a year ago.
For the year to date, the company reported net sales of MXN 8,738 million compared to MXN 5,770 million a year ago. Operating income was MXN 1,056 million compared to MXN 1,065 million a year ago. EBITDA was MXN 1,480 million compared to MXN 1,334 million a year ago. Net income was MXN 681 million compared to MXN 495 million a year ago.
Grupo Lamosa SAB de CV is a Mexico-based company engaged, through its subsidiaries, in the construction and real estate sectors. The Companyâs activities are structured into four business areas, namely Tiles and Flooring, Adhesives and Waterproofing, Sanitary Ware and Real Estate Development. The Tiles and Flooring area offers such brand names, as Porcelanite, Lamosa, Italica and Firenze Tecnoarte. The Adhesives and Waterproofing area operates through the Companies Crest, Perdura, Niasa and Solutek. The Sanitary Ware area operates through the Sanitarios Lamosa company. The Companyâs real estate operations include the acquisition, development and promotion of residential and non-residential properties. It operates through Ceramica San Lorenzo.
GRUPO LAMOSA, S.A.B. DE C.V. 
