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Vitro, S.A.B. de C.V.

 
Hoover's Profile: Vitro, S.A.B. de C.V.
(NYSE:VTO) (Mexican:VITROA)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Vitro, S.A.B. de C.V.
Ave. Ricardo Margáin Zozaya 400, Col. Valle del Campestre
66265 San Pedro Garza García, Nuevo León, Mexico
Tel. +52-81-88-631-300
Fax +52-81-83-291-204

Type: Public
On the web: http://www.vitro.com
Employees: 23,483
Employee growth: (3.9%)

Vitro has figured out a way to bottle success. The company, Mexico's largest glassmaker, divested its glassware products to focus on two core segments. The Flat Glass unit makes architectural and automotive glass, as well as fiberglass. Its Glass Containers unit makes glass and aluminum products for the food and beverage, cosmetics, and pharmaceutical industries, among others. Vitro has a wide variety of customers; its automotive OEM glass business accounts for 9% of sales. The company operates factories and distribution facilities throughout the Americas.

Key numbers for fiscal year ending December, 2008:
Sales: $2,105.5M
One year growth: (19.6%)
Net income: ($412.3)M

Officers:
Chairman: Adrián Sada González
CEO: Hugo Lara Garcia
CFO, Chief Administrative Officer, and Chief Restructuring Officer: Claudio del Valle Cabello

Competitors:
Asahi Glass
PPG Industries
Saint-Gobain

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