MEXICO CITY, Feb. 16, 2017 /PRNewswire/ -- Grupo Rotoplas S.A.B. de C.V. (BMV: AGUA) ("Rotoplas", "the Company" or "the Group"), the leading provider of individual and integrated water solutions in the Americas, reported unaudited financial results for the fourth quarter and 12 months ended December 31st, 2016. The information within has been prepared based on International Financial Reporting Standards (IFRS).

"During 2016, Rotoplas continued shifting its focus and reconfiguring its business portfolio backed by those solutions that offer higher profitability and growth, minimizing the effects of the complex political and economic environment being faced in the markets where we participate. Results for the year are beginning to reflect these changes, with a more stable financial performance and lower exposure to government sales, which in 2015 accounted for approximately 20% of our total revenue, and in 2016 came to less than 5%," said Carlos Rojas Mota Velasco, Grupo Rotoplas' Chief Executive Officer. "In 2016, we continued to build a robust platform of integrated solutions with maintenance for the private sector, and we explored new markets, such as the US, where we already have 3 plants. We are convinced that this strategy, together with our recent acquisitions and our position in the market as a leading brand, continue to strengthen the Company and to allow us to keep generating value consistently for the future."

Financial Highlights

Figures in millions of MXN



4Q16

4Q15

Var.


2016

2015

Var.

Net Sales

1,444

1,397

3.4%


5,353

5,700

(6.1%)

Individual Solutions

1,236

1,049

17.8%


4,967

4,477

10.9%

Integrated Solutions

208

347

(40.1%)


386

1,223

(68.4%)









Mexico

976

880

10.9%


3,464

3,632

(4.6%)

Brazil

89

278

(67.9%)


405

1,118

(63.8%)

Others

380

239

58.8%


1,485

951

56.2%









EBITDA Margin

15.5%

15.0%

50 pb


13.8%

13.5%

30 pb

Individual Solutions

14.8%

15.2%

 (40) pb


12.8%

14.0%

 (120) pb

Integrated Solutions

19.8%

14.6%

520 pb


26.0%

11.9%

1410 pb









Mexico

23.1%

21.9%

120 pb


21.5%

22.3%

 (80) pb

Brazil

(55.7%)

(1.2%)

 (5450) pb


(32.5%)

(8.8%)

 (2370) pb

Others

12.7%

8.6%

410 pb


8.3%

6.2%

210 pb

 

Conference Call

Grupo Rotoplas is pleased to invite you to participate in its Fourth Quarter and full year 2016 Conference Call, to be held on Friday, February 17th, 2017 at 10:30 a.m. Mexico City time (11:30 a.m. EST).

Carlos Rojas Mota Velasco, Chairman and Chief Executive Officer, and Mario Romero, Chief Financial Officer, will host the call. Remarks will be followed by a question and answer session.

To participate in the conference, call please dial:
Mexico: 001 800 289 0551
USA: 1-800-753-9188
Other Countries: 1-719-325-2262
Conference ID: 5934540 or via the Company's website: www.rotoplas.com/investors.html

Investor Relations

Phone: +52 (55) 52015000 Ext: 50163
Email: agua@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 more than 35 years' experience in the industry and 23 plants throughout the Americas, Rotoplas has a presence in 13 countries and a portfolio that includes 17 product lines. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA" since December 2014.

Logo - https://photos.prnewswire.com/prnh/20160706/386887LOGO

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


Source: Grupo Rotoplas S.A.B. de C.V.