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Grupo Mexicano De Desarrollo, S.A.B. (Mexico)

Main Activities: Highway, Street, and Bridge Construction | Power and Communication Line and Related Structures Construction | Management of Companies and Enterprises
Full name: Grupo Mexicano De Desarrollo, S.A.B. Profile Updated: January 06, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Spanish Download a sample report

In 1959, Guillermo and Crescencio Ballesteros Ibarra founded the company Constructora Ballesteros, S.A., the predecessor of Grupo Mexicano de Desarrollo S.A.B. de C.V. , which was founded in 1975. GMD is a holding of companies dedicated to the promotion, investment, development, construction, and operation of infrastructure projects and real estate projects in both, the private and the public sectors, where it participates in the construction of roads. In December 2006 initiated a corporate restructuring process, the result of which in 2008 split the real estate business of the company, resulting in GMD Resorts as a new society. It has been listed on the Mexican Stock Exchange since 1993.

Headquarters
Carretera Mexico - Toluca No. 4000 Cuajimalpa
Mexico City; Federal District of Mexico City; Postal Code: 05000

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Website: http://www.gmd.com.mx

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 24, 1975
Key Executives
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Chairman of the Board of Directors
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Chief Executive Officer
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Chief Administrative and Financial Officer
Ownership Details
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50.4%
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42.8%
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4.9%
Subsidiaries
GMD Ingenieria y Construccion, S.A. de C.V.
100%
GMD Resorts, S. A. B.
100%
Promotora Majahua, S.A. de C.V.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net sales revenue
-7.94%
Total operating revenue
-8.88%
Operating profit (EBIT)
-29.15%
EBITDA
-25.08%
Net Profit (Loss) for the Period
-37.95%
Total assets
3.26%
Total equity
8.6%
Operating Profit Margin (ROS)
-6.32%
Net Profit Margin
-4.55%
Return on Equity (ROE)
-3.65%
Debt to Equity Ratio
-9.17%
Quick Ratio
0.06%
Cash Ratio
0.03%

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