Grupo Traxion SAB de CV (OTCPK:GRPOF)
$ 1.0501 0 (0%) Market Cap: 560.65 Mil Enterprise Value: 1.18 Bil PE Ratio: 18.17 PB Ratio: 0.83 GF Score: 78/100

Q2 2019 Grupo Traxion SAB de CV Earnings Call Transcript

Jul 25, 2019 / 03:00PM GMT
Operator

Greetings and welcome to the Traxión Second Quarter 2019 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Aby Lijtszain. Thank you. You may begin.

Aby Lijtszain Chernizky
Grupo Traxión, S.A.B. de C.V. - Executive President & Director

Thank you, operator, and thank you all for joining us. Welcome to our second quarter earnings call. Once again, I'm very pleased to present you another quarter of strong financial and operating results. Traxión is running through a positive track with remarkable commercial activity. We are right on the spot where we're planning to be. Traxión continues delivering outstanding growth regardless of the Mexican economic environment. There is something very relevant that is worth discussing. Beyond quarterly results, if you compare the first 6 months of this year with the same period of 2018, we see a growth of 44% in revenues with an increase of roughly 36% in expenses.

These results in an increase

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