Business
NEMAK/A: EBITDA up 6% to $163M, revenue down 5%, with focus on margin recovery and hybrid growth
NEMAK/A: EBITDA up 6% to $163M, revenue down 5%, with focus on margin recovery and hybrid growth
About this update from Nemak Sab De Cv
EBITDA rose 6% year-over-year to $163 million despite a 6% volume drop, driven by cost controls and commercial negotiations. Revenue fell 5% to $1.3 billion, with CapEx down 40%. Focus remains on margin recovery, cash flow, and adapting to slower EV adoption and rising hybrid demand.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.