Grupo Simec, S.A.B. de C.V.

Mexico Stock Exchange SIMECB.MX

Grupo Simec, S.A.B. de C.V. Operating Income Margin for the year ending December 31, 2023: 20.34%

Grupo Simec, S.A.B. de C.V. Operating Income Margin is 20.34% for the year ending December 31, 2023, a -8.88% change year over year. Operating Income Ratio is the proportion of a company's operating income to its net sales, measuring the efficiency of its core business operations in generating profits.
  • Grupo Simec, S.A.B. de C.V. Operating Income Margin for the year ending December 31, 2022 was 22.32%, a -8.24% change year over year.
  • Grupo Simec, S.A.B. de C.V. Operating Income Margin for the year ending December 31, 2021 was 24.33%, a 68.31% change year over year.
  • Grupo Simec, S.A.B. de C.V. Operating Income Margin for the year ending December 31, 2020 was 14.46%, a 111.99% change year over year.
  • Grupo Simec, S.A.B. de C.V. Operating Income Margin for the year ending December 31, 2019 was 6.82%, a -39.93% change year over year.
Key data
Date Operating Income Margin EBT Margin Net Income Margin EBITDA Margin
Market news
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SV Wall Street
Mexico Stock Exchange: SIMECB.MX

Grupo Simec, S.A.B. de C.V.

CEO Mr. Sergio Vigil González CPA
IPO Date Feb. 23, 2000
Location Mexico
Headquarters Calzada LAzaro CArdenas 601
Employees 4,441
Sector Materials
Industries
Description

Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, Latin America, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold-finished bars, electro-welded wire mesh and mesh panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. The company also exports its steel products to Central and South America, and Europe. The company was founded in 1934 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.

StockViz Staff

February 8, 2025

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