Grupo Industrial Saltillo. de Third Quarter 2024 Earnings: US$0.04 loss per share (vs US$0.022 loss in 3Q 2023)

Grupo Industrial Saltillo. de (BMV:GISSAA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$243.2m (down 5.1% from 3Q 2023).
• Net loss: US$5.16m (loss narrowed by 25% from 3Q 2023).
• US$0.04 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Grupo Industrial Saltillo. de Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Auto Components industry in South America.

Performance of the market in Mexico.

The company's shares are down 2.2% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Grupo Industrial Saltillo. de, and understanding this should be part of your investment process.

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