Investor Presentaiton
INCOME STATEMENT (MILLION DOLLARS)
Q4-23
Q4-22
Var
2023
2022
Var
Net Sales
339.9
288.6
17.8%
1,363.9
1,168.3
16.7%
U.S.
Mexico
237.2
198.3
19.6%
938.3
840.6
11.6%
102.7
90.2
13.8%
425.6
327.7
29.9%
Cost of sales
210.1
194.0
8.3%
861.4
803.8
7.2%
SG&A expenses
31.3
26.4
18.5%
119.4
96.1
24.2%
Other expenses, net
2.3
50.1
-95.4%
6.6
50.6
-86.9%
Operating Income
96.1
18.0
433.1%
376.5
217.7
72.9%
Operating margin
28.3%
6.2%
27.6%
18.6%
Net financing (expenses)
7.4
(0.1)
n.m.
25.3
(18.3)
n.m.
Earnings in associates
0.1
0.8
-89.7%
2.2
3.3
-33.5%
Income taxes (benefit)
28.6
14.2
101.4%
108.7
62.5
74.0%
Consolidated net income
75.0
4.5
n.m.
295.3
140.3
110.5%
EBITDA
EBITDA margin
*Percentage changes are based on actual results, before rounding
118.2
90.2
31.0%
472.4
361.6
30.6%
34.8%
31.2%
34.6%
30.9%
43
43
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