Q2 2020 Grupo Traxion SAB de CV Earnings Call Transcript
Greetings, and welcome to the Traxión Second Quarter 2020 Earnings Call. (Operator Instructions) As a reminder, this conference is being recorded.
I'd now like to turn the conference over to your host, Mr. Aby Lijtszain, Executive President of Traxión. Thank you. You may begin.
Thank you. Welcome again, everyone, to our earnings call. I hope that you and your families are okay, and I'm deeply sorry for how the contingency has evolved and hope that we return to normal soon.
Despite the negative landscape, Traxión delivered solid results. Perhaps the most relevant aspect to highlight is that net income grew more than 100% compared to the same period of last year. This very positive outcome was mainly driven by our resilient business model and the capability of the company to react during the contingency. Rodolfo, Wolf, Antonio will take you through the most important details of the quarter that drove these excellent results.
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