Q4 2019 Grupo Traxion SAB de CV Earnings Call Transcript
Greetings, and welcome to the Traxión Fourth Quarter and Full Year 2019 Earnings Conference Call. (Operator Instructions) As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Aby Lijtszain, Executive President and Founder. Thank you. You may begin.
Thank you, operator, and welcome, everyone. 2019 was a complex year in macro terms; however, Traxión achieved a growth of 29% in revenues and 42% in EBITDA through considerable efforts. Yesterday, we released our guidance for 2020. I will discuss the strategic approach of such figures and then will hand over to Rodolfo, Wolf, Antonio, so they can talk about financial and operating results with more detail.
The plan this year is to grow 8% in both revenues and EBITDA, with a CapEx of at least MXN 1.2 billion. This will enable Traxión to generate cash to size more strategic investments in the future, delever the balance sheet gradually and optimize the
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