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

Q3 2024 Grupo Traxion SAB de CV Earnings Call Transcript

Oct 29, 2024 / 04:00PM GMT
Release Date Price: $1.05
Operator

Good day, everyone and welcome to the Traxion third quarter, 2024 earnings call.

At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.

It is now my pleasure to turn the floor over to your host, Abi Lijtszain, Executive President and Co-founder, sir. The floor is yours.

Aby Lijtszain Chernizky
Grupo Traxion SAB de CV - Executive President, Vice Chairman of the Board, Proprietary Director

Thank you.

Good morning.

Welcome everyone. I'm very glad to share with you another good set of results in both financial and operating fronts.

Again, traction posted record high revenues and EBITA figures.

There are many positive matters to discuss today, but I want to highlight some interesting details before handing over to Rodo Wolf, Antonio for a deeper dive into the figures.

First on October 10th, we announced that we executed a binding agreement to acquire Solistica, the logistics subsidiary of Group of

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