Q4 2022 Grupo Traxion SAB de CV Earnings Call Transcript
Greetings. Welcome to Traxion Fourth Quarter and Full Year 2022 Results Conference Call. (Operator Instructions) Please note that this conference is being recorded.
I will now turn the conference over to your host, Executive President, Aby Lijtszain. You may begin.
Thank you for joining. Welcome. As you can see, despite global macro difficulties, Traxion once again delivered a strong set of operating and financial results. Most important is that quarterly revenues and EBITDA came in as record high in the company's history. We're pretty in line with 2022 guidance. Traxion surprised its revenue figure, however, EBITDA margin came 130 basis points lower than our estimate.
It is very important to note that (inaudible) grew more than 57% in the year. So given such large impact, 130 basis points compression in margin is not material. Quite the contrary, it represents a tremendous effort and achievement from traction management to reduce such
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