Vitro, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2019
July 24, 2019
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Vitro, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 566 million compared to USD 567 million a year ago. Operating income was USD 44 million compared to USD 62 million a year ago. Net income was USD 38 million compared to USD 9 million a year ago. For the half year, sales was USD 1,121 million compared to USD 1,125 million a year ago. Operating income was USD 88 million compared to USD 131 million a year ago. Net income was USD 60 million compared to USD 74 million a year ago.
Vitro, S.A.B. de C.V. is a glass producer in Mexico. The Company, through its subsidiary companies, produces, processes, distributes and markets a range of glass products. It operates through two segments: Glass containers, which includes glass containers, precision components, as well as machinery and molds for the glass industry, and Flat glass, which includes flat glass for the construction and automotive industries, and carbonate and sodium bicarbonate. The Company's products include glass containers, float glass, automotive OEM glass, automotive replacement glass, machinery & equipment, and chemicals. It is also a supplier of raw materials, mold manufacturing, equipment and machinery, and equipment for industrial and chemicals. Through its Containers and Float Glass business units, it serves the cosmetics, perfume pharmaceutical, construction and automotive industries, as well as the chemical, machinery and equipment, and molds industries.
VITRO, S.A.B. DE C.V. 
