The report highlights the company's strong performance in 2021, with sales of US$997 million and an EBITDA of US$120 million, up 34% and 23%, respectively, compared to 2020. The company invested US$140 million to increase capacity at Vitromex and Draxton, where they are also reinforcing their value-added processes such as machining and plating. Draxton achieved record contracts totaling 124 thousand annual tons of castings, reaffirming the solid fundamentals of the industry and Draxton's strong positioning. Vitromex posted over 200% growth in EBITDA compared to the previous year, totaling $522 million pesos. Cinsa, the kitchenware and tableware business, improved operating efficiency and delivered double-digit growth in 2021 sales and EBITDA. The company closed the year with a net-debt-to-EBITDA ratio of 1.5 times, reflecting a sound financial position that will allow them to support their current operations and seize strategic value-creation opportunities.
