Grupo Simec S.A.B. de C.V. Submits Annual Report to SEC
On May 15, 2025,
Grupo Simec, S.A.B. de C.V., trading on NYSE-MKT under the symbol SIM, completed its filing of the Annual Report on Form 20-F for the fiscal year ending December 31, 2024. This critical document was submitted to the
U.S. Securities and Exchange Commission (SEC) and reflects the company’s dedication to transparency in its financial operations. The report is also accessible on Grupo Simec's
official website under the investor relations section.
The Form 20-F provides a comprehensive overview of the company's financial condition and its operational results, offering shareholders vital insights into the company’s performance over the past year. Notably, the report includes detailed and audited financial statements, giving investors confidence in the data presented.
Shareholders interested in a physical copy of the Form 20-F can request it directly from the company's Finance Coordinator,
Mario Moreno Cortez, via email at
[email protected]. The company is committed to ensuring that all investors and stakeholders have easy access to pertinent information regarding its operations and financial standing.
About Grupo Simec
Grupo Simec is a well-established entity within the manufacturing sector, primarily focused on the production, processing, and distribution of
SBQ (Special Bar Quality) steel and structural steel products. The company operates significant manufacturing facilities across
Mexico and
Brazil, with limited operations in the
United States. Grupo Simec has positioned itself as a leading supplier of structural and light structural steel products in Mexico, recognized for its impactful sales volume.
The products manufactured by Grupo Simec are utilized in a diverse range of highly-engineered applications. This includes components for the automotive industry, such as axles, hubs, and crankshafts, in addition to machinery tools and off-highway equipment. This involvement in various sectors underscores the importance of the products they offer and their contribution to multiple industries.
Grupo Simec is dedicated to maintaining high standards in both manufacturing practices and product quality, ensuring that it meets the demands of its consumers effectively. The company's strategic operations highlight its growth prospects and commitment to fostering long-term relationships with clients domestically and internationally.
In conclusion, the recent submission of Form 20-F showcases Grupo Simec's continuous commitment to regulatory compliance and enhances stakeholder trust through improved transparency. With the completion of this filing, Grupo Simec is poised to engage further with its shareholders and stakeholders, leveraging the insights gained to drive future growth and operational efficiency.
For additional information, stakeholders can reach out to Grupo Simec's finance office or explore their website for comprehensive resources and updates.