Consorcio ARA SAB de CV ( (CNRFF) ) has released its Q1 earnings. Here is a breakdown of the information Consorcio ARA SAB de CV presented to its investors.
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Consorcio ARA, S.A.B. de C.V. is a Mexican company specializing in the design, development, construction, and marketing of Affordable Entry Level, Middle Income, and Residential housing, with a presence in 15 states and a diversified product offering since its public listing in 1996.
Consorcio ARA reported a strong start to 2025, with first-quarter revenues reaching P$1.85 billion, marking a 15.9% increase compared to the same period last year. The company’s net income also saw a significant rise of 25%, amounting to P$179.5 million.
Key financial highlights include a 16.4% increase in housing revenues, driven by the sale of 1,442 homes at an average price of P$1,235,700, up 9.1% from last year. The Middle-Income and Residential segments showed robust growth, while the Affordable Entry-Level segment experienced a decline. The Shopping Center division also contributed positively, with a 6.9% increase in revenues.
Despite a slightly negative cash flow due to inventory investments, ARA maintained healthy leverage ratios and received a stable credit rating from Fitch Ratings. The company announced a dividend payment and the cancellation of repurchased shares, reflecting its solid financial position.
Looking ahead, Consorcio ARA remains committed to its 2025 targets, supported by Mexico’s stable housing demand and mortgage lending environment. The company continues to focus on strategic growth and financial stability, aligning with government initiatives to provide accessible housing solutions.