In reporting its third-quarter results, it specified that it also expects growth of between 5% and 7% in its volume, and 8% to 10% in its revenue.
Regarding the third quarter, GMXT indicated that total revenues were just over $871 million, 8.9% higher than in the same period last year and an EBITDA of $359 million, 8.1% year-on-year.
Transported volumes were 4.1% higher in ton-kilometers and the number of cars moved totaled 499,605, barely a 0.2% growth.
The growth in cargo is mainly due to the Automotive, Agricultural and Intermodal segments; the first saw an increase as a result of additional volume on longer routes and an increase in production, the second due to imports that increased to compensate for the decrease in local harvests, while the last due to the cross-border volume that has steadily increased and the increase in volume in Florida.
GMXT specified that the decreases occurred in segments such as Metals and Cement, which were affected by a market downturn and a slowdown in construction in the country.
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