Rassini, S.A.B. de C.V. announced unaudited consolidated earnings results for the year ended Dec. 31, 2015. For the year, sales were MXN 12,897 million against MXN 11,900 million a year ago.

Sales increased as a result of higher regional demand, market share gains for brake and suspension components, and continued momentum from existing contracts across the NAFTA region. EBITDA was MXN 2,141 million against MXN 1,568 million a year ago, driven by higher sales, an enhanced NAFTA region product mix, strong control over the cost structure and lower utilities prices. Net income before taxes, extraordinary income and minority interest was MXN 1,154 million against MXN 832 million a year ago, reflecting increased sales, reduced expenses and improvements in the product mix.

Net income was MXN 884 million against MXN 605 million a year ago. Net operating cash flow improves 103% year-over-year to MXN 2,362 million.