TRAXIÓN Announces Fourth Quarter and Full Year 2021 Results


The figures presented in this report have been prepared in accordance with International Financial Reporting Standards (IFRS) and are expressed in nominal millions of Mexican Pesos (MXN), unless otherwise stated.

  • Consolidated revenues totaled Ps. 17,086 million in 2021 and Ps. 4,550 million in 4Q21, a growth of 19.5% and 12.0%, respectively, compared to the same periods of 2020.

  • Consolidated EBITDA reached Ps. 3,402 million in 2021 and Ps. 849 in 4Q21, a growth of 12.7% and 8.3%, respectively, compared to 2020 and 4Q20.

  • EBITDA margin was 19.9% in 2021 and 18.7% in 4Q21.

  • General expenses reduced 296 and 218 basis points, in 4Q21 and 2021, respectively, as a percentage of revenues.

  • Net income totaled Ps. 864 million in 2021 and Ps. 146 million in 4Q21, a variation of 30.7% and (22.8)%, respectively, compared to 2020.

  • Net operating cash flows reached Ps. 2,595 million in 2021 and Ps. 808 million in 4Q21, an increase of 9.9% and 11.6%, respectively, compared to the same periods of 2020.

  • CapEx was Ps. 1,935 million in 2021 and Ps. 613 million in 4Q21.

  • Net debt-to-EBITDA ratio was 1.57x compared to 1.60x in 4Q20.

  • Average fleet in operation during 4Q21 was 8,992 units.


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Investor Relations Contact Details

Antonio Tejedo


Elba Salcedo


Tel: +52 55 5046 7900 ext. 3215

About the Company
TRAXIÓN is the leading transportation and logistics company in Mexico. It offers a one-stop solution through the broadest and most diverse service portfolio in the country. TRAXIÓN’s platform operates three main business segments: mobility of cargo, logistics and technology, and mobility of personnel. The Company has 7 highly recognized brands for their leadership in different sector niches. TRAXIÓN was founded in 2011 and ended 2021 with an average fleet of 8,992 power units, 578,360 square meters of warehousing space, national reach, more than 1,000 clients, and over 17,400 employees. TRAXION’s most important competitive advantages are having an experienced and committed management team, being the only consolidator in a highly fragmented industry, being the only institutional company in a sector dominated by family-owned companies, and having a diversification premium.
Mobility of Cargo 
This segment provides integrated cargo solutions. Amongst the services rendered are dedicated freight, truckload, less-than-truckload, intermodal, refrigerated freight, petrochemicals and specialized transportation, border transfers, and moving and relocation services. TRAXION operates 6 leading and recognized brands: Transportadora EGOBA, Muebles y Mudanzas MYM, Grupo SID, Auto Express Frontera Norte, and Autotransportes El Bisonte. The Company operates one of the youngest, most modern, and flexible fleets in the industry, with an average age of 4.8 years and a total of 2,244 power units at the end of 2021.
Logistics and Technology
Through this segment, TRAXIÓN provides logistics solutions across the supply chain using digital platforms and technology-driven applications. Among the services rendered are integrated 4PL logistics solutions, 3PL warehouse management, last-mile, courier and delivery services, and cargo brokerage. At the end of 2021, it operated more than 578,360 square meters (6.3 million sq. ft.) of 3PL warehouse, and a last-mile fleet of 808 units.
Mobility of Personnel
The mobility of personnel segment provides personnel transportation services to corporations, industrial parks, and hotels, as well as student transportation to schools and universities, and tourism services to groups. Through its subsidiary LIPU, TRAXIÓN operates a centralized platform under dedicated contracts or spot service and the largest and most modern fleet in Mexico composed of an average of 5,940 power units at the end of 4Q21.
The information disclosed in this press release may contain statements with estimates regarding the future of Grupo Traxión, S.A.B. of C.V. and its subsidiaries (collectively “Traxión” or the “Company”), which are not historical facts and represent the current opinion of the Traxión administration based on the information available to the Company. Such statements are subject to certain risks and factors made based on assumptions. The words “anticipated”, “believe”, “estimate”, “expect”, “plan”, and other similar expressions, related or not with the Company, seek to give estimates or forecasts. Different factors may cause the results implicit in the statements to be materially different with respect to any future result or event of, or related to, Traxión that may be included expressly or implicitly within said statements. Also, if the assumptions used in the statements turn out to be incorrect, the actual results may vary materially from those described herein as anticipated, believed, estimated or expected. Traxión assumes no obligation to update the statements or information presented within this release.

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