América Móvil’s sales, service sales, and profit increased, and its operating results measure also rose. A 3.6 billion-peso currency loss cut into the result, but growth across the business supports a stronger outlook.
Higher service sales and the rise in its operating results measure show América Móvil’s telecom business grew during the quarter. The peso’s fall caused a currency loss, but reported profit still increased from a year earlier.
Follow América Móvil (AMX) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for AMX