Grupo Tmm Sab 6-K, filed May 4, 2026
Grupo Tmm Sab (GTMAY)
6-K
2026-05-04
For: 2026-05-01
View Original
Added on
May 04, 2026
About this 6-K
Grupo Tmm Sab filed this 6-K on May 4, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of MAY 2026
TMM Group, Inc.
(Translation of registrant’s name into English)
Lago Alberto No.442, P.5, 503-A, Colonia Anahuac, Delegacion Miguel Hidalgo,
Mexico City, C.P. 11320 Mexico
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(7):
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):82- .
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 1, 2026 By:
/s/ Verónica Tego Sánchez
Chief Financial Officer
This Form 6-K and the exhibit attached hereto are hereby incorporated by reference into the Registration Statement on Form F-3, Number 333-90710.
EXHIBIT INDEX
| EXHIBIT 99.1: |
Press Release dated May 1, 2026 (GRUPO TMM REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS).
|
Exhibit 99.1
TMM COMPANY CONTACT:
Verónica Tego Sánchez, CFO
011-52-55-5629-8866
veronica.tego@tmm.com.mx
GRUPO TMM REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS
(In Mexican Pesos)
First Quarter 2026 Results Include:
| o |
Consolidated revenues of Ps 290.7 million
|
| o |
Operating Results of Ps 25.6 million
|
| o |
Net income of Ps 1.9 million
|
Mexico City, April 30, 2026 – Grupo TMM, S.A.B. (BMV: TMM A and OTC: GTMAY) (the “Company” or “TMM”), a Mexican maritime transportation,
logistics and maritime infrastructure services company, announced its financial results for the first quarter of 2026
 |
“During the quarter, we implemented adjustments to our operating base while maintaining stability across our core business lines. Our priority remains disciplined capital allocation and active portfolio
management, with the objective of strengthening the quality and sustainability of our results over time,” said Vanessa Serrano, Chief Executive Officer of TMM.
|
Operating performance
During the quarter, the Company’s performance primarily reflects:
| • |
The conclusion of certain relevant contracts in 2025, resulting from renewal processes subject to third-party decisions, as well as the Company’s discipline in maintaining only contractual conditions aligned with its profitability. This
forms part of an ongoing business portfolio optimization process aimed at improving the quality of revenues.
|
| • |
An operating environment characterized by adjustments in activity levels across certain business lines.
|
Segment performance
| • |
Maritime – The segment maintained solid utilization levels during the quarter, supported by stable offshore operations. This partially offset the impact from the conclusion of certain relevant
contracts in 2025. The Company continues to focus on efficient fleet management in line with current market conditions.
|
| • |
Maritime Infrastructure – The segment experienced lower activity in repair services, primarily due to the rescheduling of services by clients. During the period, operations reflected a different mix
of services, including a higher participation of smaller vessels, consistent with current market conditions.
|
| • |
Land Logistics – The segment delivered stable performance, in line with levels observed in prior periods.
|
Grupo TMM Reports First Quarter 2026 Financial Results
Page 2
Relevant Effects During the Period
Foreign Exchange (FX): Negative impact on operating income of approximately Ps. 27.4 million.
Outlook
Looking ahead to 2026, the Company will continue to focus on the efficient utilization of its strategic assets, financial discipline, and the optimization of its contract portfolio. A gradual stabilization in operating levels is expected as the
portfolio reconfiguration is consolidated and ongoing commercial processes progress.
While the quarter reflects a challenging operating environment, the Company maintains control over its operations and continues to execute initiatives aimed at strengthening the quality of its results and its positioning in the market.
Headquartered in Mexico City, Grupo TMM is a Mexican company that provides comprehensive solutions in maritime transportation, maritime infrastructure, and ports &
terminals logistics operations, through its subsidiaries and affiliated offices. For more information on Grupo TMM, please visit the company’s web site at www.tmm.com.mx. The site offers Spanish/English language options.
Financial tables follow
Grupo TMM Reports First Quarter 2026 Financial Results
Page 3
Grupo TMM, S.A.B. and Subsidiaries
Balance Sheet*
- Millions of Pesos -
|
March 31,
|
December 31,
|
|||||||
|
2026
|
2025
|
|||||||
|
Cash and cash in banks available
|
583.9
|
494.6
|
||||||
|
Restricted cash
|
189.8
|
257.4
|
||||||
|
Total cash and cash equivalents
|
773.7
|
752.0
|
||||||
|
Accounts receivable – Net
|
479.7
|
544.9
|
||||||
|
Other accounts receivable
|
140.7
|
130.7
|
||||||
|
Taxes to be recovered
|
146.6
|
143.3
|
||||||
|
Prepaid expenses and others current assets
|
38.7
|
34.8
|
||||||
|
Total current assets
|
1,579.3
|
1,605.7
|
||||||
|
Property, machinery and, equipment
|
2,939.0
|
2,936.7
|
||||||
|
Cumulative Depreciation
|
(209.4
|
)
|
(185.4
|
)
|
||||
|
Property, machinery and, equipment – Net
|
2,729.6
|
2,751.3
|
||||||
|
Rights of use
|
43.6
|
45.3
|
||||||
|
Other assets
|
235.1
|
229.3
|
||||||
|
Total assets
|
4,587.6
|
4,631.6
|
||||||
|
Bank loans and current maturities of long-term liabilities
|
331.7
|
319.1
|
||||||
|
Leases short-term
|
4.7
|
4.5
|
||||||
|
Suppliers
|
253.1
|
328.5
|
||||||
|
Other accounts payable and accrued expenses
|
495.8
|
405.1
|
||||||
|
Total current liabilities
|
1,085.2
|
1,057.2
|
||||||
|
Bank loans
|
825.0
|
896.9
|
||||||
|
Leases long-term
|
40.5
|
41.7
|
||||||
|
Deferred taxes
|
118.8
|
120.4
|
||||||
|
Other long-term liabilities
|
66.4
|
65.6
|
||||||
|
Total long-term liabilities
|
1,050.7
|
1,124.6
|
||||||
|
Total liabilities
|
2,135.9
|
2,181.8
|
||||||
|
Total stockholders´ equity
|
2,451.7
|
2,449.8
|
||||||
|
Total liabilities and stockholders´ equity
|
4,587.6
|
4,631.6
|
||||||
*Prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.
Grupo TMM Reports First Quarter 2026 Financial Results
Page 4
Grupo TMM, S.A.B. and Subsidiaries
*Statement of Income
- Millions of Pesos -
|
Three months ended
|
||||||||
|
March 31,
|
||||||||
|
2026
|
2025
|
|||||||
|
Maritime
|
234.5
|
391.5
|
||||||
|
Inland Logistics
|
19.6
|
20.1
|
||||||
|
Warehousing Services
|
0.0
|
15.8
|
||||||
|
Maritime Infrastructure
|
36.6
|
59.4
|
||||||
|
Revenue from freight and services
|
290.7
|
486.9
|
||||||
|
Maritime
|
(167.0
|
)
|
(282.0
|
)
|
||||
|
Inland Logistics
|
(19.8
|
)
|
(17.6
|
)
|
||||
|
Warehousing Services
|
0.0
|
(33.2
|
)
|
|||||
|
Maritime Infrastructure
|
(34.1
|
)
|
(43.4
|
)
|
||||
|
Cost of freight and services
|
(220.9
|
)
|
(376.2
|
)
|
||||
|
Maritime
|
(16.5
|
)
|
(13.8
|
)
|
||||
|
Inland Logistics
|
(2.2
|
)
|
(4.0
|
)
|
||||
|
Warehousing Services
|
0.0
|
(2.0
|
)
|
|||||
|
Maritime Infrastructure
|
(5.3
|
)
|
(3.3
|
)
|
||||
|
Depreciation and amortization
|
(24.0
|
)
|
(23.1
|
)
|
||||
|
Maritime
|
51.0
|
95.7
|
||||||
|
Inland Logistics
|
(2.3
|
)
|
(1.5
|
)
|
||||
|
Warehousing Services
|
0.0
|
(19.4
|
)
|
|||||
|
Maritime Infrastructure
|
(2.8
|
)
|
12.7
|
|||||
|
Results by business
|
45.8
|
87.5
|
||||||
|
Corporate expenses
|
(16.9
|
)
|
(15.2
|
)
|
||||
|
Corporate depreciation and amortization
|
(2.5
|
)
|
(0.5
|
)
|
||||
|
Non-recurring (expenses) income
|
(0.9
|
)
|
(6.6
|
)
|
||||
|
Operating (loss) gain
|
25.6
|
65.3
|
||||||
|
Financial (expenses) income - Net
|
(18.9
|
)
|
(27.3
|
)
|
||||
|
Leases financial expenses
|
(1.6
|
)
|
(2.8
|
)
|
||||
|
Exchange gain (loss) - Net
|
(3.2
|
)
|
11.0
|
|||||
|
Net financial cost
|
(23.7
|
)
|
(19.0
|
)
|
||||
|
(loss) gain before taxes
|
1.9
|
46.2
|
||||||
|
Provision for taxes
|
0.0
|
0.0
|
||||||
|
Net (loss) gain for the period
|
1.9
|
46.2
|
||||||
|
Attributable to:
|
||||||||
|
Minority interest
|
0.0
|
(0.0
|
)
|
|||||
|
Equity holders of GTMM, S.A.B.
|
1.9
|
46.3
|
||||||
|
Weighted average outstanding shares (millions)
|
174.55
|
174.55
|
||||||
|
Income (loss) earnings per share (pesos/share)
|
0.01
|
0.26
|
||||||
|
Outstanding shares at end of period (millions)
|
174.55
|
174.55
|
||||||
|
Income (loss) earnings per share (pesos/share)
|
0.01
|
0.26
|
||||||
*Prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.
Grupo TMM Reports First Quarter 2026 Financial Results
Page 5
Grupo TMM, S.A.B. and subsidiaries
*Statement of Cash Flow
- Millions of Pesos -
|
Three months ended
|
||||||||
|
March 31,
|
||||||||
|
2026
|
2025
|
|||||||
|
Net gain (loss) for the period
|
1.9
|
46.2
|
||||||
|
Depreciation & amortization
|
27.3
|
23.7
|
||||||
|
Deferred taxes
|
(1.6
|
)
|
(1.1
|
)
|
||||
|
Other non-cash items
|
21.4
|
28.7
|
||||||
|
Total non-cash items
|
47.0
|
51.3
|
||||||
|
Changes in assets & liabilities
|
65.4
|
(164.9
|
)
|
|||||
|
Total adjustments
|
112.4
|
(113.6
|
)
|
|||||
|
Net cash provided by (used in) operating activities
|
114.3
|
(67.4
|
)
|
|||||
|
Proceeds from sale of assets/interest received
|
5.3
|
0.8
|
||||||
|
Payments for purchase of assets
|
(9.4
|
)
|
(634.5
|
)
|
||||
|
Net cash provided by (used in) investment activities
|
(4.2
|
)
|
(633.7
|
)
|
||||
|
Short-term borrowings (net)
|
(46.2
|
)
|
(40.4
|
)
|
||||
|
Repayment of leases
|
(2.7
|
)
|
(3.0
|
)
|
||||
|
Proceeds from (repayment of) long-term debt
|
(39.7
|
)
|
805.0
|
|||||
|
Net cash provided by (used in) financing activities
|
(88.6
|
)
|
761.6
|
|||||
|
Exchange effect on cash
|
0.1
|
(3.4
|
)
|
|||||
|
Net increase (decrease) in cash
|
21.6
|
57.1
|
||||||
|
Cash at beginning of period
|
752.0
|
207.1
|
||||||
|
Cash at end of period
|
773.7
|
264.2
|
||||||
Prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.