Grupo Rotoplas S.A.B. De C.V. Announces Unaudited Earnings Results for the Third Quarter and Nine Months of 2018
October 16, 2018
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Grupo Rotoplas S.A.B. de C.V. announced unaudited earnings results for the third quarter and nine months ended June 30, 2018. For the quarter, the company reported net sales were MXN 2,002 million against MXN 1,577 million a year ago. Operating income was MXN 187 million against MXN 198 million a year ago. Earnings before tax were MXN 92 million against MXN 170 million a year ago. Net income was MXN 66 million against MXN 124 million a year ago. EBIT was MXN 187 million against MXN 198 million a year ago. EBITDA was MXN 295 million against MXN 266 million a year ago.
For the nine months, the company reported net sales were MXN 5,801 million against MXN 5,032 million a year ago. Operating income was MXN 626 million against MXN 600 million a year ago. Earnings before tax were MXN 485 million against MXN 611 million a year ago. Net income was MXN 343 million against MXN 439 million a year ago.
Grupo Rotoplas SAB de CV is a Mexico-based company, which develops and provides water-related solutions. The Company products portfolio is divided into four categories: Storage, Piping and Pressurization, Improvement and Auto-Sustainable. Storage provides water tanks, water wagons, as well as products for industrial and agricultural purposes. Piping and Pressurization offers piping, valves and related accessories, as well as different kind of pumps, among others. Improvement includes a variety of water heaters, purificators and filters, among others. Auto-Sustainable offers, among others, rainwater collection systems. The Companyâs service offering includes installation and maintenance of all its products, purification services for drinkable water, and the design, construction, management and maintenance of water treatment plants for industrial customers. The Company is directly and indirectly active in the Americas through a distribution network and an ecommerce platform.
GRUPO ROTOPLAS S.A.B. DE C.V. 
