Grupo Tmm SA (GTMAY) has released an update.
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Grupo TMM, a leading Mexican maritime transportation and logistics company, reports a robust financial performance for the second quarter of 2024, with consolidated revenues surging by 48% to $401.5 million and operating income rebounding to $55.0 million from a loss in the previous year. The company’s strategic initiatives, including the addition of specialized vessels and a rebranded Inland Logistics Division, have significantly contributed to more than doubling the EBITDA compared to the same period in 2023.
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