Grupo Simec SAB de CV operates within the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Simec SAB de CV with three other
steel companies in Latin America:
Industrias CH SAB de CV
sales of 28.64 billion Mexican Pesos [US$1.32 billion]
of which 47%
was Steel - Special),
(970.57 billion Chilean Pesos [US$1.47 billion]
of which 45%
was Mining), and
Corporacion Aceros Arequipa S.A.
based in Peru
(2.29 billion Peruvian New Sols [US$679.07 million]
of which 77%
was Construction Bars and Wire).
During the year ended December of 2015, sales at
Grupo Simec SAB de CV were 24.48 billion Mexican Pesos (US$1.13 billion).
decrease of 8.8%
versus 2014, when the company's sales were 26.83 billion Mexican Pesos.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Grupo Simec SAB de CV had sales
of 24.58 billion Mexican Pesos.
Contributing to the drop in overall sales was the 24.6% decline
in Laminated Bars - Cold, from 3.65 billion Mexican Pesos to 2.75 billion Mexican Pesos.
There were also decreases in sales in
Laminated Bars - Hot (down 16.9% to 8.57 billion Mexican Pesos)
Bars (down 11.3% to 1.27 billion Mexican Pesos)
Commercial Profile (down 5.8% to 1.27 billion Mexican Pesos)
Other/foreign (down 7.3% to 2.52 billion Mexican Pesos)
However, these declines were partially offset by the increase in sales of
Dipsticks (up 6.7% to 5.24 billion Mexican Pesos)
Structure Profile (up 13.8% to 1.96 billion Mexican Pesos)
Sills (up 21.5% to 906.24 million Mexican Pesos)