Corporación Moctezuma, S.A.B. de C.V. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€928.40M +0.7%	€305.83M +5.8%	32.9% +0.016 pp	€348.25M -11.3%	37.5% -0.051 pp
2023	€922.07M +20.8%	€289.15M +40.6%	31.4% +0.044 pp	€392.54M +41.9%	42.6% +0.063 pp
2022	€763.57M +2.6%	€205.68M -3.3%	26.9% -0.017 pp	€276.72M +8.8%	36.2% +0.020 pp
2021	€744.07M +12.8%	€212.71M +7.5%	28.6% -0.014 pp	€254.44M -2.6%	34.2% -0.054 pp
2020	€659.78M +10.0%	€197.90M +24.2%	30.0% +0.034 pp	€261.15M +17.7%	39.6% +0.026 pp
2019	€599.70M -9.8%	€159.30M -21.9%	26.6% -0.041 pp	€221.85M +1.2%	37.0% +0.040 pp
2018	€665.18M -3.1%	€204.00M -7.8%	30.7% -0.016 pp	€219.28M -17.1%	33.0% -0.056 pp
2017	€686.30M +16.3%	€221.28M +16.6%	32.2% +0.00091 pp	€264.60M -7.0%	38.6% -0.097 pp
2016	€590.28M +14.2%	€189.78M +41.5%	32.2% +0.062 pp	€284.54M +38.3%	48.2% +0.084 pp
2015	€517.08M +20.0%	€134.10M +40.9%	25.9% +0.038 pp	€205.68M +30.5%	39.8% +0.032 pp
2014	€430.80M +15.4%	€95.19M +37.1%	22.1% +0.035 pp	€157.56M +46.5%	36.6% +0.078 pp
2013	€373.23M -12.5%	€69.41M -28.3%	18.6% -0.041 pp	€107.53M -18.7%	28.8% -0.022 pp
2012	€426.72M +10.6%	€96.81M +26.2%	22.7% +0.028 pp	€132.23M +4.1%	31.0% -0.019 pp
2011	€385.78M +15.2%	€76.73M +14.8%	19.9% -0.00057 pp	€127.03M -12.8%	32.9% -0.11 pp
2010	€335.00M +5.3%	€66.82M -14.9%	19.9% -0.047 pp	€145.66M -9.8%	43.5% -0.073 pp
2009	€318.11M +1.5%	€78.53M -18.8%	24.7% -0.062 pp	€161.50M +82.1%	50.8% +0.22 pp
2008	€313.46M +3.1%	€96.72M +18.5%	30.9% +0.040 pp	€88.70M -23.0%	28.3% -0.096 pp
2007	€304.18M +17.4%	€81.61M +7.7%	26.8% -0.024 pp	€115.25M +7.2%	37.9% -0.036 pp
2006	€259.06M +17.8%	€75.77M +37.3%	29.2% +0.042 pp	€107.51M -10.0%	41.5% -0.13 pp
2005	€219.92M	€55.18M	25.1%	€119.47M	54.3%