Documents


Explore the latest documents from the company, including regulatory filings and corporate disclosures that offer insight into company performance and strategy. Use these resources to support informed investment decisions.
Earnings
2026
Earnings, Q2 FY2026
H1 earnings rebounded on lower FX losses as Q2 sequential cost and volume pressures squeezed margins.
Earnings, Q1 FY2026
Higher shipments and improved gross margin lifted Q1 net income 31% YoY.
2025
Earnings, Q4 FY2025
Annual
FX losses cut FY25 net income sharply as Q4 operating performance strengthened.
Earnings, Q3 FY2025
Lower steel volumes and adverse FX erased most of the prior-year earnings strength.
Earnings, Q2 FY2025
Lower shipments and sharp FX losses drove a 94% H1 net income decline.
Earnings, Q1 FY2025
Lower input costs fueled a sharp QoQ profit rebound despite weaker YoY sales and net income.
2024
Earnings, Q4 FY2024
Annual
Foreign-exchange gains lifted FY profit despite weaker sales and operating income.
Earnings, Q3 FY2024
Foreign-exchange gains lifted 9M net income despite weaker steel sales and operating income.
Earnings, Q2 FY2024
Exchange gains lifted H1 earnings despite lower steel sales and operating income.
Earnings, Q1 FY2024
Lower steel sales cut EBITDA 44%, while net income rose 41% on lower financial expense.
2023
Earnings, Q4 FY2023
Annual
Lower steel prices cut FY23 sales and earnings; Q4 gross margin recovered QoQ.
Earnings, Q3 FY2023
Lower steel prices drove a 52% 9M net income decline despite easing input costs.
Earnings, Q2 FY2023
Lower steel prices and shipments drove sharp H1 and Q2 earnings declines.
Earnings, Q1 FY2023
Lower steel prices cut YoY profit despite a strong QoQ rebound.
2022
Earnings, Q4 FY2022
Annual
Higher steel prices softened the blow from lower shipments, but segment performance diverged.
2021
Earnings, Q4 FY2021
Annual
Steel-price gains drove a sharp 2021 earnings recovery, led by Mexico and Brazil.
2020
Earnings, Q4 FY2020
Annual
FY20 returned to profit as stronger shipments and lower costs lifted margins.
2019
Earnings, Q4 FY2019
Annual
Lower steel prices and a major tax charge turned FY2019 profit into a net loss.
2018
Earnings, Q4 FY2018
Annual
Higher prices lifted FY2018 sales, but U.S. and Brazil segments remained loss-making.
2017
Earnings, Q4 FY2017
Annual
Higher sales and steady EBITDA were outweighed by FX losses and U.S. margin pressure.
2016
Earnings, Q4 FY2016
Annual
FY16 rebounded to Ps. 4.3bn net income, while controls and market risks persisted.
2015
Earnings, Q4 FY2015
Annual
FY15 losses surged as Lorain impairment, U.S. weakness and tax costs outweighed Mexico’s gains.
2014
Earnings, Q4 FY2014
Annual
Sales grew, but margin pressure and U.S. losses drove FY14 earnings lower.