Grupo Simec (SIM) investor relations material

Executive summary

• H1 2026 net sales rose 9% YoY to Ps. 16,186 million; finished-steel shipments increased 16% to 1.046 million tons, despite a 6% lower average selling price.

• H1 net income reached Ps. 2,317 million versus Ps. 304 million a year earlier, largely reflecting a smaller foreign-exchange loss; Q2 net income was Ps. 611 million.

Financial highlights

• H1 gross profit increased 14% YoY to Ps. 4,172 million; operating income rose 5% to Ps. 2,763 million and EBITDA rose 6% to Ps. 3,354 million.

• Q2 net sales increased 16% YoY to Ps. 8,154 million; gross profit rose 22% to Ps. 2,037 million and operating income increased 8% to Ps. 1,298 million.

• Q2 EBITDA was Ps. 1,600 million versus Ps. 1,473 million YoY; net income swung to Ps. 611 million from a Ps. 1,000 million loss.

• H1 comprehensive financial result improved to Ps. 53 million income from Ps. 1,845 million expense, including a Ps. 365 million FX loss versus Ps. 2,332 million a year earlier.

Outlook and guidance

• Forward-looking information is subject to risks, uncertainties and assumptions that could cause actual results to differ materially from anticipated results.