Accel, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 11:45 am EDT
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Accel, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was MXN 2,521.511 million compared to MXN 2,264.350 million a year ago. Operating income was MXN 176.234 million compared to MXN 20.651 million a year ago. Net income was MXN 80.156 million compared to net loss of MXN 12.920 million a year ago. Basic earnings per share was MXN 0.42409927 compared to basic loss per share of MXN 0.06835873 a year ago. For the half year, sales was MXN 4,972.564 million compared to MXN 4,551.960 million a year ago. Operating income was MXN 359.474 million compared to MXN 170.368 million a year ago. Net income was MXN 158.151 million compared to MXN 63.714 million a year ago. Basic earnings per share was MXN 0.83676485 compared to MXN 0.3371059 a year ago.
Accel SAB de CV is a Mexico-based company engaged in the provision of outsourcing solutions. The Companyâs main activities are structured in two areas: Logistics Services, which offers such services as merchandise transport, warehousing, inventory administration and distribution center management, among others, and Manufacturing, which specializes in the production, packaging and sale of candies, sweets and dried fruits. In addition, it is involved in the real estate sector. As of December 31, 2011, the Company owned such subsidiaries as Almacenadora Accel SA, Elamex SA de CV, Accel Comercial SA de CV, Accel Servicios SA de CV, Accel Distribucion SA de CV, Servilogistics de Mexico SA de CV, Servicios Administrativos Accel SA de CV, Administradora de Servicios Accel SA de CV and Corporativo de Negocios de Comercio Exterior SA de CV, as well as it also held a 11.07% stake in Comercial Aerea SA de CV.
ACCEL, S.A.B. DE C.V. 
