Grupo Tmm Sab 6-K, filed Nov 3, 2026
Grupo Tmm Sab (GTMAY)
6-K
2026-11-03
For: 2026-11-03
View Original
Added on
November 03, 2026
About this 6-K
Grupo Tmm Sab filed this 6-K on November 3, 2026.
Grupo TMM reported third-quarter revenue of Ps.272.7 million, operating income of Ps.27.8 million and a net loss of Ps.27.9 million, despite a recovery in Maritime activity; nine-month net income was Ps.8.3 million. AI summary
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 NOVEMBER 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:
November 3, 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
|
Press Release dated November 3, 2026 (GRUPO TMM REPORTS THIRD 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 THIRD QUARTER 2026 RESULTS
(In Mexican Pesos)
Third Quarter 2026 Highlights:
| o |
Recovery in Maritime operations compared with the previous quarter.
|
| o |
Consolidated revenue of Ps.272.7 million.
|
| o |
Operating income of Ps.27.8 million.
|
| o |
Higher activity expected in Maritime Infrastructure toward year-end, supported by increased scheduled shipyard utilization.
|
Mexico City, October 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 third quarter of 2026.
 |
“Our growth vision focuses on developing new revenue streams by leveraging Grupo TMM’s experience and assets in
sectors where we see opportunities for expansion.
Projects involving the maritime transportation of diverse cargo types, the development of port infrastructure and
the expansion of our service platform represent new opportunities to diversify our operations. Our goal is to build a more balanced business portfolio, with improved profitability and reduced revenue concentration, while maintaining
disciplined capital allocation.”
Vanessa Serrano Cuevas
Chief Executive Officer
|
Operating performance
| • |
Maritime – Recorded a recovery in activity levels and
operating results compared with the previous quarter, supported by the performance of specialized vessels and operational efficiencies.
|
| • |
Maritime Infrastructure – Activity was concentrated in
repairs of smaller-draft vessels and the rescheduling of previously planned services, which affected quarterly results.
|
| • |
Land Logistics – Maintained operational continuity and
expanded its commercial portfolio toward the end of the quarter through the addition of new customers.
|
During the first nine months of 2026, the Company reported cumulative net income of Ps.8.3 million, including a net loss of Ps.27.9 million in the third quarter,
primarily reflecting the impact of foreign exchange fluctuations and financing costs.
Grupo TMM Reports Third Quarter 2026 Financial Results
Page 2
Outlook
For the remainder of 2026, the Company expects increased activity in Maritime Infrastructure, with shipyard dock utilization supported by repair services already
scheduled for the fourth quarter.
Looking ahead to 2027, Grupo TMM sees growth and diversification opportunities across its business lines, prioritizing projects that contribute to improved profitability
and value creation, while maintaining disciplined capital allocation.
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 Third Quarter 2026 Financial Results
Page 3
|
Grupo TMM, S.A.B. and Subsidiaries
Balance Sheet*
- Millions of Pesos -
|
|
September 30,
|
December 31,
|
|||||||
|
2026
|
2025
|
|||||||
|
Cash and cash in banks available
|
416.2
|
494.6
|
||||||
|
Restricted cash
|
150.1
|
257.4
|
||||||
|
Total cash and cash equivalents
|
566.2
|
752.0
|
||||||
|
Accounts receivable – Net
|
571.3
|
540.6
|
||||||
|
Other accounts receivable
|
138.5
|
130.7
|
||||||
|
Taxes to be recovered
|
171.2
|
131.1
|
||||||
|
Prepaid expenses and others current assets
|
15.8
|
34.8
|
||||||
|
Total current assets
|
1,463.0
|
1,589.2
|
||||||
|
Property, machinery and, equipment
|
2,942.1
|
2,904.9
|
||||||
|
Cumulative Depreciation
|
(257.0
|
)
|
(185.4
|
)
|
||||
|
Property, machinery and, equipment – Net
|
2,685.2
|
2,719.5
|
||||||
|
Rights of use
|
44.0
|
45.3
|
||||||
|
Other assets
|
250.2
|
241.3
|
||||||
|
Total assets
|
4,442.3
|
4,595.3
|
||||||
|
Bank loans and current maturities of long-term liabilities
|
339.2
|
319.1
|
||||||
|
Leases short-term
|
5.2
|
4.5
|
||||||
|
Suppliers
|
310.9
|
328.5
|
||||||
|
Other accounts payable and accrued expenses
|
408.9
|
412.8
|
||||||
|
Total current liabilities
|
1,064.2
|
1,064.9
|
||||||
|
Bank loans
|
738.9
|
896.9
|
||||||
|
Leases long-term
|
39.1
|
41.7
|
||||||
|
Deferred taxes
|
120.3
|
120.3
|
||||||
|
Other long-term liabilities
|
65.7
|
65.6
|
||||||
|
Total long-term liabilities
|
964.0
|
1,124.5
|
||||||
|
Total liabilities
|
2,028.1
|
2,189.4
|
||||||
|
Total stockholders´ equity
|
2,414.2
|
2,405.8
|
||||||
|
Total liabilities and stockholders´ equity
|
4,442.3
|
4,595.3
|
||||||
*Prepared in accordance with International Financial Reporting Standards as issued
by the International Accounting Standards Board.
Grupo TMM Reports Third Quarter 2026 Financial Results
Page 4
|
Grupo TMM, S.A.B. and Subsidiaries
*Statement of Income
- Millions of Pesos -
|
|
Three months ended
|
Nine months ended
|
|||||||||||||||
|
September 30,
|
September 30,
|
|||||||||||||||
|
2026
|
2025
|
2026
|
2025
|
|||||||||||||
|
Maritime
|
233.3
|
382.3
|
642.2
|
1,134.1
|
||||||||||||
|
Inland Logistics
|
20.1
|
22.0
|
60.2
|
63.2
|
||||||||||||
|
Warehousing Services
|
-
|
26.1
|
-
|
56.8
|
||||||||||||
|
Maritime Infrastructure
|
19.4
|
138.1
|
122.2
|
276.7
|
||||||||||||
|
Revenue from freight and services
|
272.7
|
568.4
|
824.6
|
1,530.8
|
||||||||||||
|
Maritime
|
(166.2
|
)
|
(268.2
|
)
|
(463.7
|
)
|
(797.9
|
)
|
||||||||
|
Inland Logistics
|
(19.7
|
)
|
(21.7
|
)
|
(58.8
|
)
|
(59.2
|
)
|
||||||||
|
Warehousing Services
|
-
|
(34.6
|
)
|
-
|
(108.2
|
)
|
||||||||||
|
Maritime Infrastructure
|
(27.2
|
)
|
(90.2
|
)
|
(102.4
|
)
|
(180.9
|
)
|
||||||||
|
Cost of freight and services
|
(213.1
|
)
|
(414.7
|
)
|
(624.9
|
)
|
(1,146.2
|
)
|
||||||||
|
Maritime
|
(16.6
|
)
|
(19.2
|
)
|
(49.1
|
)
|
(52.2
|
)
|
||||||||
|
Inland Logistics
|
(2.4
|
)
|
1.8
|
(6.7
|
)
|
(6.1
|
)
|
|||||||||
|
Warehousing Services
|
-
|
(2.0
|
)
|
-
|
(6.1
|
)
|
||||||||||
|
Maritime Infrastructure
|
(8.2
|
)
|
(4.4
|
)
|
(21.0
|
)
|
(11.6
|
)
|
||||||||
|
Depreciation and amortization
|
(27.1
|
)
|
(23.8
|
)
|
(76.8
|
)
|
(76.0
|
)
|
||||||||
|
Maritime
|
50.5
|
94.9
|
129.3
|
284.0
|
||||||||||||
|
Inland Logistics
|
(1.9
|
)
|
2.1
|
(5.3
|
)
|
(2.2
|
)
|
|||||||||
|
Warehousing Services
|
-
|
(10.5
|
)
|
-
|
(57.5
|
)
|
||||||||||
|
Maritime Infrastructure
|
(16.0
|
)
|
43.5
|
(1.3
|
)
|
84.2
|
||||||||||
|
Results by business
|
32.6
|
130.0
|
122.8
|
308.6
|
||||||||||||
|
Corporate expenses
|
(23.1
|
)
|
(15.3
|
)
|
(59.9
|
)
|
(44.9
|
)
|
||||||||
|
Corporate depreciation and amortization
|
(2.5
|
)
|
(6.3
|
)
|
(7.4
|
)
|
(7.4
|
)
|
||||||||
|
Non-recurring (expenses) income
|
20.8
|
(0.4
|
)
|
24.2
|
(9.9
|
)
|
||||||||||
|
Operating (loss) gain
|
27.8
|
108.1
|
79.7
|
246.4
|
||||||||||||
|
Financial (expenses) income - Net
|
(17.7
|
)
|
(29.1
|
)
|
(54.6
|
)
|
(86.1
|
)
|
||||||||
|
Leases financial expenses
|
(1.6
|
)
|
(2.3
|
)
|
(4.7
|
)
|
(7.5
|
)
|
||||||||
|
Exchange gain (loss) - Net
|
(36.3
|
)
|
21.2
|
(9.4
|
)
|
107.3
|
||||||||||
|
Net financial cost
|
(55.6
|
)
|
(10.2
|
)
|
(68.7
|
)
|
13.7
|
|||||||||
|
(loss) gain before taxes
|
(27.8
|
)
|
97.8
|
11.0
|
260.1
|
|||||||||||
|
Provision for taxes
|
(0.1
|
)
|
0.0
|
(2.7
|
)
|
0.0
|
||||||||||
|
Net (loss) gain for the period
|
(27.9
|
)
|
97.8
|
8.3
|
260.1
|
|||||||||||
|
Attributable to:
|
||||||||||||||||
|
Minority interest
|
0.05
|
(0.04
|
)
|
0.01
|
(0.2
|
)
|
||||||||||
|
Equity holders of GTMM, S.A.B.
|
(27.9
|
)
|
97.9
|
8.3
|
260.3
|
|||||||||||
|
Weighted average outstanding shares (millions)
|
174.55
|
174.55
|
174.55
|
174.55
|
||||||||||||
|
Income (loss) earnings per share (pesos/share)
|
(0.16
|
)
|
0.56
|
0.05
|
1.49
|
|||||||||||
|
Outstanding shares at end of period (millions)
|
174.55
|
174.55
|
174.55
|
174.55
|
||||||||||||
|
Income (loss) earnings per share (pesos/share)
|
(0.16
|
)
|
0.56
|
0.05
|
1.49
|
|||||||||||
*Prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.
Grupo TMM Reports Third Quarter 2026 Financial Results
Page 5
|
Grupo TMM, S.A.B. and subsidiaries
*Statement of Cash Flow
- Millions of Pesos -
|
|
Three months ended
|
Nine months ended
|
|||||||||||||||
|
September 30,
|
September 30,
|
|||||||||||||||
|
2026
|
2025
|
2026
|
2025
|
|||||||||||||
|
Net gain (loss) for the period
|
(27.9
|
)
|
97.8
|
8.3
|
260.1
|
|||||||||||
|
Depreciation & amortization
|
29.5
|
31.8
|
85.0
|
85.1
|
||||||||||||
|
Deferred taxes
|
-
|
-
|
-
|
(1.5
|
)
|
|||||||||||
|
Other non-cash items
|
51.1
|
3.6
|
73.5
|
(17.4
|
)
|
|||||||||||
|
Total non-cash items
|
80.7
|
35.4
|
158.5
|
66.1
|
||||||||||||
|
Changes in assets & liabilities
|
(167.8
|
)
|
(57.1
|
)
|
(97.1
|
)
|
(249.8
|
)
|
||||||||
|
Total adjustments
|
(87.1
|
)
|
(21.8
|
)
|
61.4
|
(183.6
|
)
|
|||||||||
|
Net cash provided by (used in) operating activities
|
(115.0
|
)
|
76.1
|
69.7
|
76.5
|
|||||||||||
|
Proceeds from sale of assets/interest received
|
5.1
|
1.6
|
16.1
|
3.3
|
||||||||||||
|
Payments for purchase of assets
|
(11.9
|
)
|
(6.1
|
)
|
(44.4
|
)
|
(655.0
|
)
|
||||||||
|
Net cash provided by (used in) investment activities
|
(6.7
|
)
|
(4.5
|
)
|
(28.2
|
)
|
(651.8
|
)
|
||||||||
|
Short-term borrowings (net)
|
(83.5
|
)
|
12.4
|
(138.9
|
)
|
(91.2
|
)
|
|||||||||
|
Repayment of leases
|
(2.7
|
)
|
(2.8
|
)
|
(8.1
|
)
|
(8.4
|
)
|
||||||||
|
Proceeds from (repayment of) long-term debt
|
(35.6
|
)
|
(30.6
|
)
|
(79.5
|
)
|
770.9
|
|||||||||
|
Net cash provided by (used in) financing activities
|
(121.8
|
)
|
(21.0
|
)
|
(226.5
|
)
|
671.3
|
|||||||||
|
Exchange effect on cash
|
5.00
|
(3.9
|
)
|
(0.8
|
)
|
(24.0
|
)
|
|||||||||
|
Net increase (decrease) in cash
|
(238.6
|
)
|
46.7
|
(185.8
|
)
|
72.0
|
||||||||||
|
Cash at beginning of period
|
804.8
|
232.5
|
752.0
|
207.1
|
||||||||||||
|
Cash at end of period
|
566.2
|
279.1
|
566.2
|
279.1
|
||||||||||||
Prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.