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Nemak updates 2015 EBITDA guidance
Monterrey, Mexico. July 22, 2015. - Nemak, S.A.B. de C.V. (“Nemak”) (BMV: NEMAK), a leading provider of innovative light-weighting solutions for the global automotive industry is increasing 2015 EBITDA guidance from U.S. $710 million to U.S. $745 million based on better than expected year-to-date results and a positive outlook for the remainder of the year.
Nemak is a leading provider of innovative light-weighting solutions for the global automotive industry specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. As of year end 2014, the company employed more than 20,000 people at 35 facilities worldwide and generated revenues of U.S. $4.6 billion. For more information about Nemak, visit: http://www.nemak.com