Grupo Rotoplas Reports Second Quarter and Six Month 2015 Results

- 2Q15 sales decreased by 13.3%

- Gross margin for 2Q15 increased by 440 bp year on year; a 30 bps increase for the first six months of 2015 as compared to the same period last year.

- 2Q15 EBITDA margin reached 11.3%; up 220 bp compared to the 2Q14.

Jul 21, 2015, 16:46 ET from Grupo Rotoplas S.A.B. de C.V.

MEXICO CITY, July 21, 2015 /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 Latin America, today reported unaudited results for the second quarter of 2015. The information within has been prepared at nominal value based on International Financial Reporting Standards (IFRS).

Carlos Rojas Mota Velasco, Chief Executive Officer, commented, "Although we faced a very difficult operating environment in Brazil, we nevertheless were able to generate value and deliver strong results in Mexico and other countries with improved margins, implementing important cost and expense cutting measures. We have proven our ability to prevail despite the challenges the market may present, again demonstrating our resilience as we have in the past throughout our extensive history as a leading water solutions provider."

To access the full text of this earnings release, please visit the Grupo Rotoplas Investor Relations website at:   http://www.rotoplas.com/investors.html 

Grupo Rotoplas will hold a conference call on Wednesday, July 22, 2015 at 10:00 am CST/11:00 am ET to present results for the second quarter of 2015.

Carlos Rojas Mota Velasco, Chairman of the Board and Chief Executive Officer, and Mario Romero Orozco, Chief Financial Officer, will comment on results, followed by a question and answer session.

To participate in the conference call, please dial:

  • Mexico: 001 800 514 1067
  • U.S.: 1 888 389 5988
  • Other countries: 1 719 325 2472

      Conference number: 9532169

The call can also be accessed through Grupo Rotoplas' investor relations website: http://www.rotoplas.com/investors.html

Forward Looking Statements
This press release may include certain forward-looking statements relating to Grupo Rotoplas SAB de CV, it relies on considerations of the Grupo Rotoplas 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 SAB de CV.

About the Company
Grupo Rotoplas SAB de CV is a company that provides individual and integrated solutions for storing, carrying, and treating water, leader in Mexico and Latin America. With more than 35 years' experience in the industry, Rotoplas is present in 12 countries and has a portfolio that includes 17 product lines. It has 24 plants in operation in the Americas. Since December 10th, 2014, Grupo Rotoplas is listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA".

SOURCE Grupo Rotoplas S.A.B. de C.V.



RELATED LINKS

http://www.rotoplas.com