Nemak 2Q26 operating income drops 36.43% to USD 49.03 million

Reuters2026/07/21 21:22

By:Reuters

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Nemak posted a 2Q26 net loss of USD 13 million, narrowing from a year earlier as the negative net financial result eased.
Revenue rose 18.6% to USD 1.5 billion from a year earlier, lifted by GF Casting Solutions consolidation, higher aluminum prices, favorable FX.
Operating income fell to USD 49 million from a year earlier on lower operating cash flow, higher depreciation and amortization tied to the acquisition.
Operating cash flow slipped 6% to USD 171 million, hit by a tougher comparison, temporary North America costs, Mexican peso appreciation.
Management highlighted ~USD 400 million in annualized contract wins year-to-date; Georgia mega-casting plant is set to start in 2H.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nemak SAB de CV published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nemak 2Q26 operating income drops 36.43% to USD 49.03 million

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