ALFA is a company that manages a portfolio of diversified subsidiares: Sigma, an important producer, marketer and distributor of foods through well recognized brands in Mexico, the United States, Europe and Latin America; Alpek, one of the world’s largest producers of polyester (PTA, PET and fibers), which also leads the Mexican market in polypropylene, expandable polystyrene (EPS) and caprolactam; Nemak, a leading provider of innovative light-weighting solutions for the automotive industry, specializing in the development and manufacturing of aluminum components for powertrain and body structure; Alestra, a leading provider of information technology and communications services for the enterprise segment in Mexico; and, Newpek, a company in the hydrocarbons industry in Mexico and the United States. In 2015, ALFA reported revenues of Ps. 258,300 million (U.S. $16.3 billion), and EBITDA(1) of Ps. 38,440 million (U.S. $2.4 billion). ALFA’s shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange.
(1) EBITDA = operating income + depreciation and amortization + non-recurring items.
NOTE: In this annual report, monetary figures are expressed in nominal Mexican pesos (Ps.), and in nominal dollars (U.S. $) unless otherwise specified. Conversions from pesos to dollars were made using the average rate of the month in which the revenues or disbursements were made. The percentages of variation between 2015 and 2014 are expressed in nominal terms.