- Since 2020, revenue has doubled and EBITDA has tripled.
- The company maintains a solid financial structure with a well-balanced debt maturity profile.
- Over USD $1.4 billion invested in organic and inorganic growth since 2020.
San Pedro Garza García, N.L., April 22, 2025 – Xignux hosted more than 200 representatives from leading financial institutions in Mexico and abroad to its annual financial community event, Xignux Day 2025, where the company presented its 2024 results and long-term growth strategy.
During the event, Xignux reported that it had doubled its revenue over the past five years, reaching USD $6.4 billion in 2024, while EBITDA tripled, rising from USD $266 million to $791 million in the same period. These results reflect an average annual increase of 20% in revenue and 31% in operating cash flow.
The company reaffirmed its strategic focus on the North American market, which it considers to hold significant growth potential.
Angel De Soto Hernández, Corporate Director of Finance and Administration, and Jorge Siller Madero, Corporate Director of Financing and Treasury, highlighted that in 2024 alone, Xignux invested over USD $300 million, 70% of which was allocated to expanding industrial, technological, and logistics capabilities. Key projects include:
- USD $75 million investment in Viakable to enhance cable production for electrical transmission infrastructure and data centers.
- USD $85 million investment in Prolec to construct a new distribution transformer plant in Monterrey.
- USD $70 million investment in a new Qualtia sausage production facility, also in Monterrey.
- Expansion of BYDSA’s potato chip production capacity and nationwide distribution footprint.
- Broad-based technology upgrades across all business units.
“We know the years ahead will bring challenges, but we are equally convinced that this is a historic opportunity for players like us: a company with a strong portfolio, solid foundations, financial discipline, and a long-term vision,” said Juan Ignacio Garza Herrera, CEO of Xignux.
The company, which operates in both the energy and food sectors, also emphasized its robust financial position, including a diversified debt profile with an average maturity of 6.5 years, and 81% denominated in U.S. dollars, in line with its revenue streams.
In October 2024, Xignux successfully issued MXN $7 billion in local bonds (Certificados Bursátiles), achieving an oversubscription of nearly five times, further strengthening its debt structure and underscoring market confidence in its strategy.
With diversified industrial operations across Mexico, the United States, and Brazil, and a clear roadmap toward its Vision 2030, Xignux reaffirmed its commitment to generating long-term, sustainable value in the industries it leads.
About Xignux
Xignux is a leading industrial group in the energy and food sectors. Through its companies, it energizes life and society to help build a better world, driven by the talent of over 32,000 team members across Mexico, the United States, and Brazil. In energy, Viakable manufactures electrical conductors, while Prolec offers transformer solutions for power generation, transmission, and distribution. In the food industry, Qualtia delivers a broad portfolio of cheese, cold cuts, proteins, and food service solutions, while BYDSA produces a wide range of savory snacks. Through its Corporate Social Responsibility model and Fundación Xignux, the company contributes to sustainable community development in four priority areas: Energy, Nutrition, Education, and Community Development.
Founded 68 years ago, Xignux and its solutions reach customers in over 35 countries.
Website: https://www.xignux.com/
Media Contact
Julio Salinas Lombard
External Communications Manager, Xignux
julio.salinas@xignux.com
