|Bid||0.00 x 140000|
|Ask||0.00 x 263600|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (5Y Monthly)||0.27|
|PE Ratio (TTM)||11.75|
|Earnings Date||Apr 20, 2020 - Apr 26, 2020|
|Forward Dividend & Yield||0.78 (6.19%)|
|Ex-Dividend Date||Sep 09, 2019|
|1y Target Est||27.51|
Mexican conglomerate Alfa said on Thursday that it expects 2020 sales of $17.02 billion, down from $17.54 billion last year. It said it will make investments of $902 million this year, versus $920 million in 2019.
ALFA, S.A.B. de C.V. (BMV: ALFAA) (ALFA), a leading holding company that manages a diversified portfolio of subsidiaries with global operations announced today its unaudited results for the fourth quarter of 2019 ("4Q19"). All figures have been prepared in accordance with International Financial Reporting Standards ("IFRS").
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Alfa, S.A.B. de C.V. New York, September 25, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Alfa, S.A.B. de C.V. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service (Moody's) affirmed today Sigma Alimentos, S.A. de C.V.'s (Sigma) Baa3 senior unsecured ratings. "Sigma's Baa3 ratings reflect its solid market position in the territories in which the company operates, its strong liquidity, robust revenue size, and geographic diversification." said Alonso Sánchez, a Vice President at Moody's. Tempering these positive attributes are Sigma´s inherent exposure to commodity prices volatility and the company's growth strategy through acquisitions, although execution risks are mitigated by management's positive track record of assets integration and expansion. The rating also incorporates Moody's belief that Sigma will reduce leverage (adjusted debt/EBITDA) in 2019 below 3 times, which is more adequate for the Baa3 rating category.
Shares of Mexican conglomerate Alfa fell more than 3 percent in early trading on Wednesday after the company on Tuesday afternoon posted a steep drop in first quarter net profit. The company, which operates ...
Mexican conglomerate Alfa posted a 64.5 percent fall in first quarter net profit on Tuesday, hit by higher financial costs and weaker performance in nearly every segment. The company, which operates in the food packaging, car parts, petrochemicals and energy industries, said profit in the January-March period was 1.26 billion pesos ($65 million), compared with 3.55 billion pesos in the year-earlier quarter. Sales at the petrochemicals unit grew 10 percent due to its acquisition last year of Brazilian petrochemical companies Suape and Citepe.
Mexican conglomerate Alfa posted a 64.5 percent fall in first quarter net profit compared to the same period a year earlier, results published by the company showed on Tuesday. The company, which operates ...