REQUEST A DEMO
Total
USD $0.00
Search more companies

Ferremundo S.A.S. (Ecuador)

Main Activities: Lumber and Other Construction Materials Merchant Wholesalers
Full name: Ferremundo S.A.S. Profile Updated: December 17, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Ferremundo S.A. is a company located in Guayaquil, Ecuador. It was founded in 1976 in Machala by the Vejar family, specifically by Major Jaime Vejar and managed by his wife, Yolanda Beltrán. The first store, called "El Ferretero," was located on Colón and Olmedo streets. In 1987, Edmundo Vejar, the son of Yolanda Beltrán and the current president of the company, took over the management and aimed to become a national distributor. In 1988, "El Ferretero" suffered a fire that caused significant losses, but Edmundo Vejar was able to rebuild the business in the same location four months later. In 1999, the company moved its main offices to Guayaquil due to economic difficulties and became a wholesaler under the name Ferremundo S.A. The company experienced rapid growth in its customer base and acquired larger facilities on Las Américas Avenue in northern Guayaquil in 2000. In 2010, Ferremundo purchased a 33,000m² property in Pascuales, which included a warehouse and production factory, to meet the demand for its products and accommodate its growing workforce. In 2014, the company expanded its product portfolio to include the manufacturing of zinc, galvalum, and metal slabs. In 2017, Ferremundo began manufacturing steel profiles.

Headquarters
Km. 16.5 Via a Daule S L 28 Mzc3
Guayaquil; Guayas;

Contact Details: Purchase the Ferremundo S.A.S. report to view the information.

Website: http://www.ferrremundo.com.ec

Basic Information
Total Employees:
Purchase the Ferremundo S.A.S. report to view the information.
Outstanding Shares:
Purchase the Ferremundo S.A.S. report to view the information.
Registered Capital:
Purchase the Ferremundo S.A.S. report to view the information.
Financial Auditors:
Purchase the Ferremundo S.A.S. report to view the information.
Incorporation Date:
June 19, 2002
Key Executives
Purchase this report to view the information.
President
Purchase this report to view the information.
General Manager
Ownership Details
Purchase this report to view the information.
32.45%
Purchase this report to view the information.
25.85%
Purchase this report to view the information.
20.85%
Purchase this report to view the information.
20.85%
Purchase this report to view the information.
Subsidiaries
Reencauche y Servicios Rencaplus CIA Ltda
99.99%
Conex S.A.
50%
Brefer S.A.
0.12%
Company Performance
Financial values in the chart are available after Ferremundo S.A.S. report is purchased.
Looking for more than just a company report?

EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.

Request a demo of the EMIS service
Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-11.04%
Total operating revenue
-8.56%
Operating profit (EBIT)
23.27%
EBITDA
17.56%
Net Profit (Loss) for the Period
-57.32%
Total assets
-0.44%
Total equity
2.1%
Operating Profit Margin (ROS)
2.18%
Net Profit Margin
-1.7%
Return on Equity (ROE)
-6.18%
Debt to Equity Ratio
-77.71%
Quick Ratio
0.33%
Cash Ratio
0.11%

To view more information, Request a demonstration of the EMIS service

Buy this company report
Need ongoing access to company, industry or country information?