Grupo SIMEC SAB de CV Class B
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Sergio Vigil González
- Full Time Employees
- 4,702
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- Building A Guadalajara JA Mexico 44440
- IPO Date
- Jul 1, 1993
- Website
- gsimec.com.mx
- Similar Companies
- Business
- Grupo Simec, S.A.B. de C.V. manufactures, processes and distributes special bar quality (SBQ) steel and structural steel products, including light structural profiles, commercial profiles, rods and special steel bars; its SBQ products serve engineered applications such as axles, hubs and crankshafts for automobiles, light trucks, machine tools and off-highway equipment, while structural steel supports non-residential construction and other building uses. The company operates production facilities in Mexico and Brazil, with commercial activities extending to the United States, Canada and select exports to Central and South America and Europe, targeting industries including construction, automotive, infrastructure, energy, appliances and metals service centers. Founded in 1969 and headquartered in Guadalajara, Jalisco, Mexico, at Calzada Lázaro Cárdenas 601, Colonia La Nogalera, Grupo Simec functions as a subsidiary of Industrias CH, S.A.B. de C.V. and maintains a diversified mini-mill approach with integrated production from scrap-based melting to finishing processes, emphasizing operational efficiency, safety and environmental compliance across its plants. In recent developments, the company sustains its growth strategy through potential expansions of facilities, acquisitions of steel assets, joint ventures and strategic alliances to complement operations beyond Mexico, the United States, Canada and Brazil; it reported net income surging 145% to Ps. 10,488 million for 2024 amid challenges, alongside a Q1 2025 share repurchase program funded at Ps. 1,000 million and ongoing equipment modernization to enhance throughput and reduce lead times.
Company News
Is Grupo Simec SAB de CV (SIM) a Bargain After 9.8% Drop? GF Value Says Undervalued
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST SIXTH-MONTH PERIOD ENDED JUNE 30TH, 2026.
Grupo Simec SAB de CV (SIM) Shares Fall 5.3% -- What GF Score of 68 Tells Investors
Digi International Expands Digi Axess Platform with Native Remote Access, SIM Management, and Advanced IoT Analytics
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST QUARTER OF 2026, ENDED MARCH 31, 2026.
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2025.
Grupo Simec SAB de CV (SIM) Stock Down 8.8% but Still Overvalued -- GF Score: 79/100
Grupo Simec (SIM) to Release Quarterly Earnings on Thursday
Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) Sees Large Increase in Short Interest
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2025.
Grupo Simec, S.A. de C.V. (NYSEAMERICAN:SIM) Short Interest Update
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST NINE MONTHS OF 2025
Grupo Simec SAB Announces Amendment to its Annual Report on Form 20F for the year anded December 31, 2024
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST SIX MONTHS OF 2025
QuantGold Launches Qsecore: World's First SIM-Layer Encryption Platform for Mobile Security
GRUPO SIMEC SAB DE CV ANNOUNCES THE PRESENTATION OF DOCUMENT 20F TO THE SEC
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST QUARTER, OF 2025, ENDED MARCH 31, 2025
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2024 AUDITED.
South Korea's SK Telecom begins SIM card replacement after data breach
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE TWELVE-MONTH PERIOD ENDED DECEMBER 31, 2024.