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Grupo Rotoplas Reports First Quarter 2017 Results

MEXICO CITY, April 26, 2017 /PRNewswire/ -- Grupo Rotoplas S.A.B. de C.V. (AGUA.MX) ("Rotoplas", "the Company" or "the Group"), the leading provider of individual and integrated water solutions in the Americas, reported unaudited financial results for the first quarter 2017. The information within has been prepared based on International Financial Reporting Standards (IFRS).

BMV: AGUA

"During this quarter, we showed a strong growth in sales driven by the reconfiguration of our portfolio of solutions and by the successful integration into the Rotoplas platform of the companies we acquired, all of which validates our decision to shift the focus of our strategy, which we began implementing 24 months ago. In terms of organic growth, we also grew considerably both in terms of sales and EBITDA, proving the strength of our brand and our leadership position in the markets where we participate.  At the same time, government sales accounted for less than 5%, thus reducing the volatility of our financial results. This has allowed us to achieve an impressive 57% growth in net income, reaffirming our strong commitment to generating value for our shareholders," stated Carlos Rojas Mota Velasco, Grupo Rotoplas' Chief Executive Officer. "Additionally, this quarter we included Sanzfield in our business portfolio. We are convinced that this Canadian innovation center, and the technology it contributes, strengthen our portfolio of solutions for treating and recycling water".

Financial Highlights
Figures in millions of MXN









1Q17

1Q16

Var.

Net Sales

1,669

1,176

41.9%

Individual Solutions

1,513

1,134

33.4%

Integrated Solutions

156

43

3.7 x





Mexico

1,049

751

39.7%

Brazil

129

105

23.1%

Others

491

320

53.1%





EBITDA Margin

15.0%

12.9%

210 pb

Individual Solutions

16.6%

12.9%

370 pb

Integrated Solutions

(0.4%)

13.3%

 (1370) pb





Mexico

22.9%

19.4%

350 pb

Brazil

(25.8%)

(21.0%)

 (480) pb

Others

8.8%

8.8%


 

Conference Call

Grupo Rotoplas is pleased to invite you to participate in its First Quarter 2017 Conference Call, to be held on Thursday, April 27th, 2017 at 10:30 a.m. Mexico City time (11:30 a.m. EST).

Carlos Rojas Mota Velasco, Chairman and Chief Executive Officer, and Mario Romero, Chief Financial Officer, will host the call. Remarks will be followed by a question and answer session.

To participate in the conference, call please dial:

Mexico: 001-800-514-1067 
United States: 1-888-515-2880
Other Countries: 1-719-457-2653

Conference ID: 1008642 or via the Company's website: www.rotoplas.com/inversionistas.html

Investor Relations

Phone: +52 (55) 52015000 Ext: 50163
Email: agua@rotoplas.com

Forward Looking Statements

This press release may include certain forward-looking statements relating to Grupo Rotoplas S.A.B. de C.V., it relies on considerations of the Grupo Rotoplas S.A.B. de C.V. management which are based on current and known information; however, the forward-looking statements could vary due to facts, circumstances and events beyond the control of Grupo Rotoplas, S.A.B. de C.V.

About the Company

Grupo Rotoplas S.A.B. de C.V. is America's leading provider of individual and integrated water solutions for storing, carrying, and treating water. With almost than 40 years' experience in the industry and 21 plants throughout the Americas, Rotoplas has a presence in 14 countries and a portfolio that includes 18 product lines. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA" since December 2014.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/grupo-rotoplas-reports-first-quarter-2017-results-300446770.html