Grupo Rotoplas, S.A.B. de C.V. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015
February 09, 2016
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Grupo Rotoplas, S.A.B. de C.V. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net sales of MXN 1,397 million, operating income of MXN 181 million, earnings before taxes of MXN 174 million, net income of MXN 115 million, EBITDA of MXN 210 million against net sales of MXN 1,596 million, operating income of MXN 216 million, earnings before taxes of MXN 167 million, net income of MXN 124 million, EBITDA of MXN 251 million a year ago.
For the full year, the company reported net sales of MXN 5,700 million, operating income of MXN 662 million, earnings before taxes of MXN 576 million, net income of MXN 403 million, EBITDA of MXN 771 million against net sales of MXN 6,552 million, operating income of MXN 698 million, earnings before taxes of MXN 577 million, net income of MXN 417 million, EBITDA of MXN 860 million a year ago. The company has made capital investments of MXN 328 million, or 5.8% of sales, which have been allocated mainly to capacity expansion in Mexico and to the opening of new plants in the U.S. Net debt as at December 31, 2015 was MXN 2,259 million.
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.