Traxión's revenue and EBITDA fall; Logistics and Technology, affected by tariffs, impact results.

For the first time since reporting results, Traxión reported a decline in both revenue and EBITDA.

At the close of trading in Mexico, Grupo Traxión announced its quarterly results, reporting a decline in both revenue and EBITDA for the first time.

In the second quarter of 2025 (2Q25), Traxión reported consolidated revenues of six thousand 864 million pesos (mdp) , this level is a drop of 6.9% compared to the same quarter of 2024, this quarterly revenue is the lowest recorded since 1Q24.

Regarding EBITDA , Traxión announced that they recorded 1,204 million pesos, a contraction of 4.4% compared to 2Q24.

A review of the segments comprising Traxión reveals that Logistics and Technology reached 2.061 billion pesos, a 24% decrease compared to 2Q24. The report justified the decline as “primarily due to a temporary reconfiguration in the movement of goods from several clients, resulting from tariff uncertainty, which resulted in a drop in the segment’s operating volumes; and the adjustment in revenue from last-mile retail (B2C) operations, which continued into 2Q24.”

Regarding the reduction in costs and expenses in the segment , this is justified by the decrease in operating volume in general, and the effects of the efficiency plan implemented in 2Q24, which includes the adjustment of last mile retail operations (B2C) in 2Q24.

“However, we believe this decline in volume is temporary and short-term, as we began to see signs of normalization during the first weeks of the third quarter,” said Aby Lijtszain, co-founder and CEO of Traxión, in his message to investors.

The other divisions performed differently. The Passenger Mobility segment recorded revenues of 2.744 billion pesos , a 4.5% increase over the previous quarter.

The Cargo Mobility segment reached revenues of 2.059 billion pesos , an increase of 1.3% compared to the 2.032 billion pesos that Traxión achieved in this segment during 2Q24.

Traxión’s operating indicators indicate that the total fleet in the Freight Mobility segment reached 2,279 units , while in the Passenger Mobility segment, 8,586 units were registered ; this represents a decrease of 3.2% and an increase of 4.2%, respectively.

In his report to investors, Aby Lijtszain announced that the acquisition of Solistica will allow Traxión to continue expanding its footprint in the country , better leveraging trade between Mexico and the United States.

At the close of 2Q25, Traxión reported a warehouse area of 694,802 square meters (m2) , which was -2.1% compared to 2Q24.

2025 RESULTS GUIDE

During its 2Q25 report, Traxión announced its 2025 earnings guidance, which it had not previously disclosed, noting that it does not include Solistica’s potential within the platform and that it will not be considered until its 2026 guidance.