Internacional De Cerámica, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 27, 2021 at 05:31 pm EST
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Internacional de Cerámica, S.A.B. De C.V. Announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was MXN 3,003.072 million compared to MXN 2,715.770 million a year ago. Operating income was MXN 329.910 million compared to MXN 203.968 million a year ago. Net income was MXN 403.918 million compared to MXN 273.846 million a year ago. Basic earnings per share from continuing operations was MXN 2.76 compared to MXN 1.86 a year ago. For the full year, sales was MXN 10,798.373 million compared to MXN 10,451.357 million a year ago. Operating income was MXN 874.932 million compared to MXN 780.207 million a year ago. Net income was MXN 139.331 million compared to MXN 375.093 million a year ago. Basic earnings per share from continuing operations was MXN 0.95 compared to MXN 2.56 a year ago.
Internacional de Ceramica, S.A.B. de C.V. is engaged in the manufacturing of ceramic and porcelain tile in North and Central America. The Company manufactures and distributes accents and natural stones as well. The Company offers products in various categories, such as natural stone, ceramic, porcelain, glass, quarry, decorative, green squared, high density, digital technology, made in the Unites States, wall and special order. It offers products for residential use, including bathrooms, kitchens, dining rooms, bedrooms, living rooms and exterior, as well as for commercial use, including restaurant, entertainment, hospitality, retail and healthcare/institutional. The Company's distribution system in the Unites States includes approximately 10 Company-owned showrooms, over three distribution centers and approximately 50 independent distributors throughout the Unites States and Canada, as well as over 300 retail locations throughout Mexico, Asia and Central America.
INTERNACIONAL DE CERÁMICA, S.A.B. DE C.V. 
