Manufactura de Metales y Aluminio Record SA
BBVL:RECORDI10.60
PEN
0.00
(0.00%)
ISIN
PEP518005009
Return %
Stock
S&P 500
1Y
-70.72
14.39
3Y
-70.72
81.42
5Y
-71.34
68.62
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Eduardo Varela van Oordt
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Lima Peru
- IPO Date
- Jul 11, 1986
- Website
- record.com.pe
- Similar Companies
- Business
- Manufactura de Metales y Aluminio Record SA is a Peru-based company engaged in the design, commercialization, distribution, and historical manufacturing of kitchenware, kitchen sinks, and domestic appliances for residential, commercial, and institutional markets. The company's product portfolio is organized into four main business segments: cookware and kitchen utensils, comprising stainless steel, aluminum, cast aluminum, and enameled steel pressure cookers, stockpots, saucepans, frying pans, woks, teapots, roasters, bakeware, cutlery, and kitchen accessories marketed under the Record and Duralum brand lines; domestic and industrial kitchen sinks, encompassing single-bowl, double-bowl, and integrated drainer sink units manufactured from polished stainless steel, enameled steel, and synthetic quartz composites; small domestic appliances (SDA), including electric rice cookers, blenders, air fryers, electric kettles, drip coffee makers, sandwich makers, food processors, immersion blenders, and tabletop electric ovens; and specialized industrial services, featuring non-stick fluoropolymer and ceramic coating applications for cookware and metal parts. The company distributes its products to retail consumers, independent wholesalers, supermarket chains, department stores, home improvement centers, and hospitality and food service (HORECA) clients throughout Peru, while historically maintaining export channels into Latin American and North American markets including Ecuador, Chile, Colombia, Bolivia, and the United States. Founded on August 17, 1934, and headquartered in Lima, Peru, the company is listed on the Bolsa de Valores de Lima under the ticker RECORDI1. In recent major developments, the company entered into a formal corporate liquidation process (En Liquidación) and concluded the cessation of manufacturing activities at its long-standing industrial plant located in Ate, Lima, shifting its business model toward product commercialization, third-party manufacturing, and nationwide distribution centralized through its commercial arm, WWK Comercial S.A.C. In addition, the company executed a corporate reorganization involving the spin-off of a key equity and asset block to establish Proyectos e Inversiones Record S.A., registering the corporate restructuring with the Superintendencia del Mercado de Valores (SMV) to safeguard investment shares and reorient brand operations in the domestic market.