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Glassmaker Grupo Vitro is seen reporting weak third quarter earnings compared with the same quarter last year, due to weak economies in Mexico and the U.
Santander Central Hispano said Monday it has raised its recommendation on Mexican glass maker Vitro SA (VTO) to 'Hold' from 'Underperform.'The upgrade was based on the stock's new valuation following news that Vitro will…
Shareholders of Mexican glass giant Vitro approved on Thursday the payment of a dividend of 0.25 peso per share.
Mexican glass maker Vitro SA said early on Tuesday that it will propose a 0.25 pesos-per-share dividend to investors at its annual shareholders meeting in March.
Vitro, the Mexican conglom-erate, sold its 51 per cent stake in Vitromatic, the white goods company, to Whirlpool of the US yesterday, in a deal valued at about Dollars 280m.
Mexican glassmaker Vitro said that its third quarter operating profit fell sharply, hit by the strong peso currency and an economic slowdown at home and in the United states.