Genomma Lab Internacional SAB de CV (FRA:GEKA)
€ 1.18 0.01 (0.85%) Market Cap: 1.18 Bil Enterprise Value: 1.40 Bil PE Ratio: 16.50 PB Ratio: 2.40 GF Score: 70/100
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Q3 2024 Genomma Lab Internacional SAB de CV Earnings Call Transcript

Oct 24, 2024 / 05:00PM GMT
Release Date Price: €1.17 (+6.36%)
Christianne Ibanez
Genomma Lab Internacional SAB de CV - Head of Investor Relations

Are subject to risks and uncertainties that could cause actual results to differ materially. They are also based on assumptions as of today and the company undertakes no obligation to update them as a result of new information or future events. Let me now turn the call over to Marco.

Juan Marco Sparvieri
Genomma Lab Internacional SAB de CV - Chief Executive Officer

Good morning, everyone, and thank you, Chris. I am thrilled to share our strong Q 3 2024 results.

This quarter, we have seen substantial progress across all key metrics surpassing last year's results. Previous periods and our internal targets sales increased by 15.9% driven by excellent performance in major markets such as Mexico, Brazil, Argentina and the US gross margin improved by 184 basis points reaching 64.3%.

EBITDA expanded by 245 basis points reaching [23.7%] fueled by our productivity initiatives and manufacturing efficiencies.

Net income surged by 78.1% and earnings per share

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