Grupo Traxion SAB de CV (OTCPK:GRPOF)
$ 0.8653 -0.1646 (-15.98%) Market Cap: 496.29 Mil Enterprise Value: 1.08 Bil PE Ratio: 13.31 PB Ratio: 0.64 GF Score: 81/100

Q1 2020 Grupo Traxion SAB de CV Earnings Call Transcript

Apr 28, 2020 / 03:00PM GMT
Release Date Price: $0.5
Operator

Greetings, and welcome to the Traxión's First Quarter 2020 Earnings Call. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Aby Lijtszain, Chief Executive Officer. Thank you. You may begin.

Aby Lijtszain Chernizky
Grupo Traxión, S.A.B. de C.V. - Co-Founder, Executive President & Director

Thank you. Welcome, everyone, and many thanks for joining us today. I hope you and your families are well and healthy. I am very sorry about what is happening in the world. I really hope that this situation normalize quickly. In spite of this sad situation, Traxión delivered solid and positive quarterly results. It is important to highlight that our revenues saw a healthy growth of 12% while keeping a strict control in cost and expenses. Moreover, the company continued to be more efficient in asset utilization and operations. It was indeed a very favorable period. Rodolfo, Wolf, Antonio will discuss those metrics in a moment.

We face the COVID-19 contingency with a solid financial

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