Grupo Mexicano de Desarrollo 2Q FY26 net profit more than doubles to MXN 203.6 million; revenue rises 36.9% to MXN 1.73 billion

Reuters2026/07/29 19:26

By:Reuters

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Grupo Mexicano de Desarrollo posted 2Q 2026 net income of MXN 203.63 million, more than doubled from a year earlier.
Revenue climbed 36.9% from a year earlier to MXN 1.73 billion, driven by GMD Acquisitions’ RIM Alliance and Agua y Ecología.
EBITDA rose 9.5% from a year earlier to MXN 406.6 million as higher contributions from GMD Acquisitions offset weaker Agua y Ecología margins.
Cost-bearing debt fell 33% since end-2025 to MXN 819.9 million, reflecting debt repayments and peso-dollar moves affecting foreign-currency liabilities.
GMD said it will seek Supreme Court review after a tribunal denied its amparo in a dispute over a 2013 tax assessment.

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. Grupo Mexicano de Desarollo SAB published the original content used to generate this news brief on July 29, 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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Grupo Mexicano de Desarrollo 2Q FY26 net profit more than doubles to MXN 203.6 million; revenue rises 36.9% to MXN 1.73 billion

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