Investor Presentaiton
SAFE HARBOR
STATEMENT
This presentation has been prepared by GCC, S.A.B. de C.V. (together
with its subsidiaries, "GCC"). Nothing in this presentation is intended to
be taken by any person as investment advice, a recommendation to buy,
hold or sell any security, or an offer to sell or a solicitation of offers to
purchase any security.
Information related with the market and the competitive position of
GCC was obtained from public sources that GCC believes to be reliable;
however, GCC does not make any representation as to its accuracy,
validity, timeliness or completeness. GCC is not responsible for errors
and/or omissions with respect to the information contained herein. Due to
rounding, numbers presented throughout this presentation may not add
up precisely to the totals provided and percentages may not precisely
reflect the absolute figures.
Forward Looking Statements
This presentation includes forward-looking statements or information.
These forward-looking statements may relate to GCC's financial condition,
results of operations, plans, objectives, future performance and business.
All statements that are not clearly historical in nature are forward-
looking, and the words "anticipate,” “believe,” “expect,” “estimate,"
"intend," "project" and similar expressions are generally intended to
identify forward-looking statements. The information in this presentation,
including but not limited to forward-looking statements, applies only as of
the date of this presentation. GCC expressly disclaims any obligation or
undertaking to update or revise the information, including any financial
data and forward-looking statements.
Any projections have been prepared based on GCC's views as of the date
of this presentation and include estimates and assumptions about future
events which may prove to be incorrect or may change over time. The
projections have been prepared for illustrative purposes only, and do not
constitute a forecast. While the projections are based on assumptions that
GCC believes are reasonable, they are subject to uncertainties, changes
in economic, operational, political, legal or public health crises including
COVID-19, and other circumstances and other risks, including, but not limited
to, broad trends in business and finance, legislation affecting our securities,
exchange rates, interest rates, inflation, foreign trade restrictions, and market
conditions, which may cause the actual financial and other results to be
materially different from the results expressed or implied by such projections.
EBITDA
We define EBITDA as consolidated net income after adding back or
subtracting, as the case may be: (1) depreciation and amortization; (2) net
financing expense; (3) other non-operating expenses; (4) taxes; and (5)
share of earnings in associates. In managing our business, we rely on
EBITDA as a means of assessing our operating performance. We believe
that EBITDA enhances the understanding of our financial performance
and our ability to satisfy principal and interest obligations with respect
to our indebtedness as well as to fund capital expenditures and working
capital requirements. We also believe EBITDA is a useful basis of
comparing our results with those of other companies because it presents
results of operations on a basis unaffected by capital structure and taxes.
EBITDA, however, is not a measure of financial performance under IFRS or
U.S. GAAP and should not be considered as an alternative to net income as a
measure of operating performance or to cash flows from operating activities
as a measure of liquidity. Our calculation of EBITDA may not be comparable
to other companies' calculation of similarly titled measures.
Currency translations / physical volumes
All monetary amounts in this presentation are expressed in U.S. Dollars
($ or US$). Currency translations from pesos into U.S. dollars use the
average monthly exchange rates published by Banco de México.
These translations do not purport to reflect the actual exchange rates at
which cross-currency transactions occurred or could have occurred.
The average exchange rates (Pesos per U.S. dollar) used for recent
periods are:
-
Q4-23 17.5732
Q4-22 19.6878
2023
2022
-
-
17.7597
20.1222
Physical volumes are stated in metric tons (mt), millions of metric tons
(mmt), cubic meters (m3), or millions of cubic meters (mm3).
GCC
2View entire presentation