- Alfa|SIGMA reports Q1 2025 EBITDA of US $220 million, aligning with its full-year target of US $1 billion.
- Strong performance in Mexico and Latin America contrasts with challenges in Europe due to plant flooding.
- S&P upgrades Alfa|SIGMA's credit rating to 'BBB' after successful Alpek spin-off.
Alfa|SIGMA has announced its financial results for the first quarter of 2025, reporting an EBITDA of US $220 million. This achievement positions the company in line to meet its full-year guidance of US $1 billion in EBITDA. The quarter marked significant corporate milestones for Alfa|SIGMA, including the completion of the Alpek spin-off and a credit rating upgrade from S&P to 'BBB'.
Key financial highlights included a total revenue of US $2.091 billion and a net debt of US $2.596 billion, reflecting a net debt/EBITDA ratio of 2.6x. The company achieved its second-highest first quarter in terms of revenue and EBITDA performance, and recorded the highest first-quarter volume in Mexico and Latin America.
However, Alfa|SIGMA faced notable challenges in Europe, where a 3% volume decline due to flooding at the Torrente plant led to a 42% reduction in EBITDA for the region. The company anticipates insurance reimbursements for damages and business interruption before the end of the year.
In terms of shareholder returns, Alfa|SIGMA's shareholders approved a cash dividend of US $83 million and a reconfiguration of the Board to better align with the company's new consumer-focused sector. This move is part of the company's broader strategic transformation into a dedicated, global branded food business.
