Economy Country February 21, 2025

Nemak Projects Drop in Sales for This Year

Nemak announced its earnings guidance, expecting sales of $4.6 to $4.8 billion, a decrease of 6.26% to 2.18% compared to the previous year. Reductions in volumes and operating cash flow are also anticipated.


Nemak Projects Drop in Sales for This Year

Nemak published its results guide for this year, in which it projects a performance lower than last year. Sales are expected to range between 4.6 billion and 4.8 billion dollars, which would represent a decrease of 6.26% if it reaches the lower limit and 2.18% if it achieves the upper limit.

In terms of volumes, it is estimated that they will be between 37 and 38 million equivalent units, reflecting a decline of between 6.33% and 3.8% compared to the 39.5 million recorded in 2024. Regarding operating income, Nemak projects a range of between 580 and 600 million dollars, implying a drop of between 6.33% and 3.8% from the 633 million reported the previous year.

On the other hand, planned capital investments for this year will range between 285 and 295 million dollars, reflecting a decrease of 26.74% if the minimum investment is made and 24.16% if the maximum investment is reached.

The CEO of Nemak, Armando Tamez Martínez, highlighted: "We are prepared to navigate any scenario of high or low electrification, with a proven ability to adapt to changing market conditions and continue creating value for our shareholders through innovative solutions and strategic initiatives."