Apr 28, 2020 / 03:00PM GMT
Operator
Greetings, and welcome to the Traxión's First Quarter 2020 Earnings Call. (Operator Instructions) As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Aby Lijtszain, Chief Executive Officer. Thank you. You may begin.
Aby Lijtszain Chernizky - Grupo Traxión, S.A.B. de C.V. - Co-Founder, Executive President & Director
Thank you. Welcome, everyone, and many thanks for joining us today. I hope you and your families are well and healthy. I am very sorry about what is happening in the world. I really hope that this situation normalize quickly. In spite of this sad situation, Traxión delivered solid and positive quarterly results. It is important to highlight that our revenues saw a healthy growth of 12% while keeping a strict control in cost and expenses. Moreover, the company continued to be more efficient in asset utilization and operations. It was indeed a very favorable period. Rodolfo, Wolf, Antonio will discuss those metrics in a moment.
We face the COVID-19 contingency with a solid financial
Q1 2020 Grupo Traxion SAB de CV Earnings Call Transcript
Apr 28, 2020
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