Cydsa. de First Quarter 2024 Earnings: EPS: Mex$0.39 (vs Mex$0.85 in 1Q 2023)

Cydsa. de (BMV:CYDSASAA) First Quarter 2024 Results

Key Financial Results

• Revenue: Mex$3.13b (down 15% from 1Q 2023).
• Net income: Mex$212.6m (down 54% from 1Q 2023).
• Profit margin: 6.8% (down from 13% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: Mex$0.39 (down from Mex$0.85 in 1Q 2023).

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

Cydsa. de Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Chemicals industry in South America.

Performance of the market in Mexico.

The company's shares are down 1.0% from a week ago.

Risk Analysis

Be aware that Cydsa. de is showing 1 warning sign in our investment analysis that you should know about...

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