Sanluis Corporation S.A.B. de C.V. Business Report FY ended Dec. 2012
Business Highlights
Financial Overview |
(in million USD) |
| FY ended Dec. 31, 2012 | FY ended Dec. 31, 2011 | Rate of change (%) |
Factors | |
| Overall | ||||
| Net Sales | 713.1 | 752.7 | (5.3) | 1) |
| EBITDA | 91.3 | 94.8 | (3.7) | - |
| Sales by business units | ||||
| North America Suspension | 395 | 377 | 4.8 | 2) |
| South America Suspension | 195 | 290 | (32.8) | 3) |
| North America Brake | 124 | 96 | 29.2 | 4) |
Factors
1) Net Sales
-Net sales in 2012 decreased 5% from 2011 to USD 713 million in 2012. The decrease was caused by a 32.8% decline in sales in South America, while being partially offset by a 12% increase in sales in North America.
2) North America Suspension
-Compared to 2011, sales in the North America Suspension segment grew 4.8% due to the ongoing economic recovery of the automobile industry.
3) South America Suspension
-Net sales in South America Suspension segment declined 32.8% from 2011 due to a change in environmental regulations that had a temporary negative effect in the bus and truck markets, which was anticipated by the Company.
4) Brake business
-Net sales for the North America Brake segment grew 29.2% from 2011 to 2012 due to the economic recovery of the automobile industry, as well as the start of production of new brake platforms for Ford, Chysler and Volkswagen.
R&D
R&D Structure
-The Company has an engineering, research and development center in Plymouth, Michigan, USA. The Company also has Product Development laboratories in Piedras Negras, Coahuila, San Martin Texmeulcan, Puebla, Mexico; as well as another laboratory in Sao Paulo, Brazil.Product Developments
<Two-piece rotor>-In 2012, the Company launched a new two-piece rotor which features a ductile iron hat and gray iron brake plates. This rotor provides weight savings of up to 18 percent while also improving a vehicle's heat management capabilities. The rotor will be incorporated on the 2014 Chevrolet "Corvette Stingray", along with two other high performance vehicles in 2015.
<Weight Saving>
-The engineering group developed advanced engineering materials and processes that reduce component weight by 30% for brake and suspension systems. These technologies have already been tested and approved by customers to be launched in 2013 vehicles.
Investment Activities
Capital Expenditure |
(in million MXN) |
| FY ended Dec. 31, 2012 | FY ended Dec. 31, 2011 | FY ended Dec. 31, 2010 | |
| Overall | 281.0 | 210.3 | 159.5 |