Grupo Kuo SAB de CV News

Loading the latest news for Grupo Kuo SAB de CV

1. 4/25/2013 1:13:00 AM Grupo KUO Q1 profit increases
   published by Datamonitor AutomotiveWire
   Grupo KUO, S.A.B. de C.V., a manufacturer of axles, clutches, stamped parts, pistons, wheels, and transmissions, has reported that profit attributable to owners of the parent for the first quarter of 2013 was MXN486 million, compared to MXN339 million for the first quarter of 2012.. Net revenue for the first quarter of 2013 was MXN6.79 billion, compared to MXN7.73...
   
2. 3/14/2013 2:44:00 PM Fitch Affirms Kuo's Ratings at 'BB'; Outlook Stable
   published by Business Wire
   Fitch Ratings has affirmed Grupo Kuo, S.A.B. de C.V.' s ratings as follows:. --USD325 million senior notes due 2022 at' BB';. The ratings incorporate the company's diversified revenue stream, hard currency generation with 47% of total sales coming from exports and subsidiaries located outside of Mexico in 2012, and joint ventures with international industry leaders.