Nemak’s Sales Jump 19% but Costs Squeeze Its Profit
Nemak second quarter revenue surged 19% to US$1.5 billion after its Georg Fischer deal, yet EBITDA fell 6% to US$171...
July 23, 2026Mexico news in English from The Rio Times — politics, economy, trade, energy and culture.
Nemak second quarter revenue surged 19% to US$1.5 billion after its Georg Fischer deal, yet EBITDA fell 6% to US$171...
July 23, 2026
Casa de Tono, the Mexican chain with 81 locations, weighs a $400M+ sale. Grupo Gigante leads bids as the brand...
July 23, 2026
Cemex second quarter sales rose 12% to US$4.6 billion and EBITDA hit a record US$1.02 billion, prompting the cement giant...
July 23, 2026
US producer Coeur Mining is spending a record US$158 million on 2026 exploration, with its Mexican silver and gold mines...
July 23, 2026
Qualitas second quarter net income held near MXN 1,378 million (about US$74.5 million) as premiums dipped 1.9% and investment gains...
July 23, 2026
La Comer second quarter net income fell 16.4% to MXN 671 million (about US$36 million) as store openings and higher...
July 23, 2026
Gentera second quarter net income rose 11.6% to about US$127 million, as the Mexican microfinance group grew its loan book...
July 23, 2026
Gruma second quarter profit fell about 12% as weaker US demand at Mission Foods hit volumes, even as net sales...
July 23, 2026
Orbia second quarter swung to a US$15 million net profit from a US$126 million loss a year earlier, with EBITDA...
July 23, 2026