MEXICO CITY, April 16, 2018 /PRNewswire/ -- Grupo Rotoplas S.A.B. de C.V. (BMV: AGUA) ("Rotoplas" or "the Company"), the leading provider of individual and integrated water solutions in the Americas, announces changes in the geographical breakdown of its financial results reports.
Beginning in the 1Q 2018 and going forward, the geographical breakdown of the reports will be as follows: the results of the operations in Mexico and Argentina will be reported individually, whereas the rest will be reported in a consolidated fashion as Other Countries.
This change is due to both the increased relevance of the Argentinean operations for the company's global results and the diminishing role of the Brazilian ones in recent years. It should also be noted that with this change, Rotoplas is now in compliance with IFRS Standards and aims to provide greater visibility of the company's relevant operations to the financial community.
Ofelia M López Aranda T
52015000 ext. 50163
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 40 years' experience in the industry and 21 plants throughout the Americas, Rotoplas has a presence in 14 countries and a portfolio that includes 27 product lines. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA" since December 2014.
SOURCE Grupo Rotoplas S.A.B. de C.V.