Covering the Mexican Economy, Actinver Research

Actinver

Our product offering is based on award winning forecasts and a deep understanding of artificial intelligence tools. 
We cover the Mexican economy with in-depth sector and state knowledge, as well as the integration with the U.S., providing high added value studies. 
To provide comprehensive coverage, we analyze the main macroeconomic variables, sectors, indexes and market information. 
Through solid statistical and computational tools we generate targeted investment strategies for clients with advanced investment profiles such as pension funds, hedge funds and others.

Covering the Mexican Economy

Actinver Research

Actinver is a mexican leading financial group, that generates well being for individuals and companies through advisory services that provides investment management to maintain and grow their wealth.

Equity Bottom-Up

<ul><li>Revenues of US$1.62 billion decreased 4.2% YoY, slightly (0.5%) below our estimates, driven by a price adjustment in Mexico and a 1% contraction in consolidated sales volume, impacted by the continued underperformance in the U.S. foodservice channel.</li><li>Sales in the U.S. and Mexico declined 2.4% and 1.3% YoY, respectively, the former below our estimates.</li><li> Margins were on average 70 bps above our estimates.</li></ul>

Revenues of US$1.62 billion decreased 4.2% YoY, slightly (0.5%) below our estimates, driven by a price adjustment in Mexico and a 1% contraction in consolidated sales volume, impacted by the continued underperformance in the U.S. foodservice channel.Sales in the U.S. and Mexico declined 2.4% and 1.3% YoY, respectively, the former below our estimates. Margins were on average 70 bps above our estimates.

Actinver Research - Gruma: 3Q24 Mostly better than expected (Quick View)

Gruma SAB de CV

Actinver Research - Gruma: 3Q24 Mostly better than expected (Quick View)