Grupo Traxión, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 25, 2021 at 03:02 pm EST
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Grupo Traxión, S.A.B. de C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 4,061.268 million compared to MXN 3,116.180 million a year ago. Operating income was MXN 456.545 million compared to MXN 287.605 million a year ago. Net income was MXN 189.397 million compared to MXN 155.261 million a year ago. Basic earnings per share was MXN 0.357 compared to MXN 0.276 a year ago. For the full year, sales was MXN 14,297.706 million compared to MXN 12,154.260 million a year ago. Operating income was MXN 1,681.534 million compared to MXN 1,215.310 million a year ago. Net income was MXN 661.020 million compared to MXN 448.827 million a year ago. Basic earnings per share was MXN 1.23 compared to MXN 0.835 a year ago.
Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support services; Warehousing, including dedicated storage, shared warehouses, packing and value-added services, such as labeling and products assembly; Logistics systems, including software for logistics management; Passenger transportation, including transportation of personnel and students; Special services, including rental of bus and vans; Moving, including national and international moving services, and Advertising, including custom transportation services during marketing campaigns. The Company operates through a number of group companies.
GRUPO TRAXIÓN, S.A.B. DE C.V. 
