The fourth quarter of last year showed a significant increase in the operating cash flow of 15 industrial companies from Monterrey listed on the Mexican Stock Exchange, reaching a total of 104 billion 495 million pesos (mdp), representing a 22.71% increase compared to the same period of the previous year.
During this period, 12 of the analyzed companies experienced growth in their operating cash flow, while only Alfa, Soriana, and Vitro reported a contraction in this variable. Femsa topped the list with the highest level of cash flow, reaching 34 billion 567 mdp, representing an increase of 25.87% compared to the fourth quarter of 2023.
Analysts highlighted Femsa's strong performance in its revenues, with a rise of 12.8%, driven by all its divisions, especially Proximity Americas, which favored the increase in operating cash flow.
Coca Cola Femsa achieved the second highest cash flow with 16 billion 104 mdp, a 22.57% increase compared to the previous year. Marco Antonio Montañez Torres, director of analysis and strategy at Vector Casa de Bolsa, attributed this positive performance to favorable effects in the sales mix and lower raw material costs.
Cemex reported operating cash flow of 13 billion 905 mdp during the fourth quarter, showing an increase of 12.91% compared to the same period of the previous year. Fernando González, CEO of Cemex, mentioned that they managed to meet their initial guidance for 2024, demonstrating growth in EBITDA.
Arca Continental reported a 41.7% increase in its operating cash flow, totaling 14 billion 181 mdp, which was driven by strong sales performance in the quarter. Meanwhile, Gruma recorded a cash flow of five billion 971 mdp, reflecting a 25.1% increase compared to the fourth quarter of 2023.
Overall, the operating cash flow of the Monterrey industrial companies listed on the Mexican Stock Exchange showed a positive outlook during the fourth quarter of last year, with most companies experiencing growth in this variable driven by various internal and external factors.
