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 revenue reached Ps. 7,530 million, a 17.9% increase compared to 3Q23.
- Consolidated adjusted EBITDA totaled Ps. 1,394 million, an 18.7% growth compared to 3Q23.
- Adjusted EBITDA margin was 18.5%, a 10-basis point expansion compared to 3Q23.
- CapEx in 3Q24 reached Ps. 1,021 million, in line with TRAXIÓN’s investment plan.
- Average fleet in operation during 3Q24 was 11,342 power units.
- Net debt to EBITDA ratio was 2.15x at the end of 3Q24.
- TRAXIÓN recieved its 2024 Corporate Sustainability Assessment (CSA) rating from Standard & Poor’s. The Company scored 58 points (up 6 points), placing it in the top 8% of the highest-rated companies globally, ranking 25th out of a universe of 315 companies worldwide.
- On October 10, TRAXIÓN informed investors that it had signed an agreement to acquire Solística, an integrated logistics services company, subsidiary of Grupo FEMSA. Solística operates an asset-light model offering 3PL and freight brokerage services, with operations in Mexico, Brazil, and Colombia, and holds a leading position in its business lines, particularly in northern Mexico. The transaction is subject to customary regulatory approvals, expected to be obtained in the first quarter of 2025. The agreed transaction price is approximately Ps. 4,060 million, on a debt-and-cash-free basis, and will be paid in cash. TRAXIÓN expects to close the transaction using a mixture of cash on hand and existing credit facilities, while remaining with a leverage below 2.5x net debt to EBITDA upon closing.
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