Oct 24, 2023 / 04:00PM GMT
Operator
Greetings. Welcome to the Traxion 3Q '23 Earnings Conference Call. (Operator Instructions) Please note, this conference is being recorded. I will now turn the conference over to your host, Aby Lijtszain, Executive President at Traxion. You may begin.
Aby Lijtszain Chernizky - Grupo Traxión, S.A.B. de C.V. - Co-Founder, Executive President & Director
Good morning, everyone. Welcome, again. I'm very pleased to share with you the outcome of another successful quarter full of good news and positive results. There are many things to discuss in the financial, operating and ESG fronts that will be explained in more detail by Rodolfo, Wolf, Antonio. But as usual, I want to take advantage to point out some relevant matters.
We observed that demand was significantly higher than our estimates. That's why we decided to move forward with an equity follow-on on August 10, which is another relevant milestone in the company's equity story. We raised MXN 2.7 billion that we plan to deploy it mainly to finance the organic growth for our people mobility segment,
Q3 2023 Grupo Traxion SAB de CV Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |

30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 

4.6 out of 5
Trustpilot
