Grupo Tmm (GTMAY) has released an update.
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Grupo TMM, a leading Mexican maritime transportation and logistics company, has reported a robust financial performance for the first quarter of 2024, with consolidated revenues climbing 7.5% to $344.1 million and a notable increase in operating results to $27.7 million from $3.5 million in the previous year. The company’s strategic focus on maritime sector strength and efficient cost management has led to a significant 91% surge in EBITDA, exemplifying its successful operational and financial strategies.
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