Convertidora Industrial swings to Q2 FY26 net loss of MXN 4.1 million; net sales fall 11% to MXN 442.6 million vs Q2 FY25
Reuters2026/07/30 21:29- Convertidora Industrial posted a net loss of MXN 2.81 million in 2Q26, swinging from a profit a year earlier.
- Net sales fell 11% to MXN 442.58 million from 2Q25, with export sales accounting for 64% of the total.
- Operating profit dropped 27% to MXN 41.14 million, while EBITDA slid 19% to MXN 59.6 million.
- Management cited peso appreciation, minimum-wage hikes, and higher raw material costs tied to Middle East conflict as key margin headwinds.
- Flexible packaging net sales rose 14% to MXN 119.8 million, with new 9-layer extrusion and digital printing capacity expected to lift 2H26 results.
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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