Q2 2022 Grupo Traxion SAB de CV Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to the TRAXION Second Quarter 2022 Earnings Call. (Operator Instructions)
It is now my pleasure to turn the floor over to your host, Aby Lijtszain. Sir, the floor is yours.
Thanks. Good morning, everyone. Welcome again.
This quarter, TRAXION posted a mixed set of results. However, there are very good news given the global macro landscape, inflation and supply chain disruptions. Revenues are in line with our expectations and posted double-digit figures, mainly driven by the performance of our logistics and technology segment, which reported a growth of more than 21% in revenues and an improved margin. This outstanding growth was mainly due to a success of Traxporta app and the Traxion Logistics platform, which combined recorded a revenue growth of more than 61% in the quarter. We continue to see strong demand in our traditional business lines with very attractive organic growth opportunities
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