14.02.2018 15:27:00

Grupo Rotoplas Reports Fourth Quarter 2017 Results

Quarterly Highlights

  • 4th consecutive quarter with double digit year-over-year sales growth.
  • Integration of the e-commerce platform in the United States.

2017 Highlights

  • Sales grew 24% year-over-year and EBITDA increased 36%.
  • EBITDA margin growth of 130 basis points year-over-year.
  • Organic sales growth of 15%.
  • Government sales at 5%.

MEXICO CITY, Feb. 14, 2018 /PRNewswire/ -- Grupo Rotoplas S.A.B. de C.V. (AGUA.MX) ("Rotoplas", "the Company" or "the Group"), the leading provider of individual and integrated water solutions in the Americas, reported its unaudited financial results for the fourth quarter of 2017. The information within has been prepared based on International Financial Reporting Standards (IFRS).

"Our fourth quarter and 2017 results reflect the successful integration of our recent acquisitions, and particularly that of our new e-commerce platform in the United States, which is not only an ongoing and profitable business but also represents significant growth opportunities in that market. Furthermore, we continue to consolidate our business strategy of Water as a Service as we are strengthening our presence in water treatment and recycling solutions, water fountains for schools, residential and corporate purified water services, in addition to our water retail products. All of this confirms that we are on the right track at the right pace in the execution of our solutions portfolio reconfiguration strategy, which will continue to lead to a better and more profitable product and service mix in the future" Remarked Carlos Rojas Mota Velasco, Chairman and CEO of Grupo Rotoplas

Conference Call
Grupo Rotoplas is pleased to invite you to participate in its Fourth Quarter 2017 Conference Call, to be held on Wednesday, February 14th, 2018 at 10:00 a.m.Mexico City time (11:00 a.m. EST).

Management team will host the call and discuss results, followed by a Q&A session.

Carlos Rojas Mota Velasco – Chairman and Chief Executive Officer
Mario Romero Orozco – Chief Financial Officer
Ofelia López Aranda Trewartha – Investor Relations

To participate in the conference call please use the Conference ID 2301392 and dial or log in:

Mexico: 01 800 062 2964
United States: 1 800 239 9838
Other Countries: 1 (323) 794 2551
Web: http://www.rotoplas.com/inversionistas.html

Investor Relations Contact Information

Ofelia López Aranda
Tel: +52 (55) 52015000
Ext. 50163
Email: olopezaranda@rotoplas.com

Forward Looking Statements
This press release may include certain forward-looking statements relating to Grupo Rotoplas S.A.B. de C.V., it relies on considerations of the Grupo Rotoplas S.A.B. de C.V. management which are based on current and known information; however, the forward-looking statements could vary due to facts, circumstances and events beyond the control of Grupo Rotoplas, S.A.B. de C.V.

About the Company
Grupo Rotoplas S.A.B. de C.V. is America's leading provider of individual and integrated water solutions for storing, carrying, and treating water. With almost than 40 years' experience in the industry and 21 plants throughout the Americas, Rotoplas has a presence in 14 countries and a portfolio that includes 18 product lines. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA" since December 2014.

 

Cision View original content:http://www.prnewswire.com/news-releases/grupo-rotoplas-reports-fourth-quarter-2017-results-300598676.html

SOURCE Grupo Rotoplas S.A.B. de C.V.

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