Grupe 1H FY26 net income falls 45% to MXN 79.93 million; revenue drops 7.67% to MXN 1.57 billion
Reuters2026/07/27 21:10By:Reuters
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- Grupe posted net income of MXN 79.93 million for the first half, down 45.25% year over year.
- Revenue slipped 7.67% to MXN 1.57 billion, while operating profit fell 59.19% to MXN 108.03 million.
- Second-quarter results swung to an operating loss of MXN 41.85 million, with net loss widening to MXN 48.61 million.
- Management said FX appreciation hit first-half revenue, citing an average peso-dollar rate shift to MXN 18.01 from MXN 20.95.
- Hotel occupancy was 73% for January-June, with average daily rate at USD 204; management flagged a favorable second-half demand backdrop.
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. Grupe SAB de CV published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.
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