In announcing its results for the first quarter of 2025 (1Q25), Grupo Traxión reported an increase in its consolidated revenue of 616 million pesos (mdp), an increase of 9.2% compared to the same period in 2024.
With this performance, Traxión interrupted 18 quarters of double-digit growth in consolidated revenue , reaching single digits in this period.
Regarding EBITDA, Traxión announced that it increased 17.1% to reach 1.343 billion pesos , according to the report sent to investors on the Mexican Stock Exchange (BMV).
“It’s important to mention that we’ve decided to be more conservative for our 2025 plan. We will reduce the amount of capital investments for organic growth and focus on expansion that combines investment with efficiencies, which will increase our profitability within a complex macro environment,” said Aby Lijtszain, co-founder and CEO of Traxión.
In terms of results by division, the Freight Mobility segment registered double-digit growth of 15.7% in 1Q25 compared to 1Q24, while Logistics and Technology achieved a 6.0% increase, and People Mobility advanced 7.8%.
“There are particularly notable aspects to these results. First, the logistics and technology segment reported an EBITDA margin of 10.0%, in line with the efficiency plan we implemented in the second quarter of 2024. Second, the freight segment reported double-digit revenue-kilometer growth, with a reduction in mileage. And third, this quarter we reported a normalization across several cost lines, which also reflects the effectiveness of our efficiency plan,” Lijtszain added.
In revenue by division, People Mobility remains the largest contributor to consolidated revenue with 2,561 million pesos , followed by Logistics and Technology with 2,668 million pesos and Cargo Mobility with 2,048 million pesos .
In operating results, Freight Mobility reported 58.4 million kilometers traveled, a 3.9% decrease compared to the first quarter of 2024. In the People Mobility segment, 120.6 million kilometers were traveled, an increase of 1.2% compared to the same period.
Regarding the fleet, Freight Mobility ended the first quarter of 2025 with 2,265 units, a slight decrease of 1.1% compared to the first quarter of 2024. In Passenger Mobility, the fleet reached 8,570 vehicles, 4.9% higher than the previous quarter.
The Last Mile fleet registered at the end of the first quarter of the year was 320 units , while in the first quarter of 2024, 507 vehicles were registered, a decrease of 36.9 percent.
In the logistics sector indicators, in 1Q25 Traxión reported 623,287 square meters (m2) of warehouse area, while in 1Q24 it was 791,426 m2, a contraction of 21.2 percent.
Reviewing revenue by business unit, the financial report highlights that the Freight Mobility segment recorded 26.42 pesos per kilometer (Ps./km.), a 30% increase compared to 1Q24.
In the area of passenger mobility, revenue was 15.99 pesos/km, an 8.8% increase compared to the 1Q24 figure.
Finally, revenue per square meter reached 309.16 pesos in 1Q25, a 27.7% increase compared to the previous quarter, when it stood at 242.10 pesos.
The report noted that in the case of Logistics and Technology, “a reduction in segment revenue growth is observed. This is primarily due to the almost complete closure of B2C (retail) last-mile operations in the second quarter of 2024, whose revenues were reflected in 1Q24 and are no longer reflected in this period. However, there is a significant reduction in the segment’s costs and expenses, which is also explained by the closure of these last-mile operations, which resulted in a leaner cost and expense structure,” it confirmed.
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