Grupo Elektra SAB de CV - Company Profile
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Grupo Elektra SAB de CV (Grupo Elektra) offers retail and financial solutions through its subsidiaries. It offers retail products such as electronics, appliances, furniture, motorcycles, tires, accumulators, bicycles, cell phones, and computers among others through Elektra and Salinas y Rocha store formats in Mexico, Guatemala, Panama, Honduras, and Peru. The group’s financial product offerings include cards, accounts, deposits, insurance, loans, and leasing. It also provides services such as foreign exchange, electronic money transfer, internet banking, retirement fund management, and credit information. It operates in Mexico, the US, Peru, Guatemala, Honduras, and Panama. Grupo Elektra is headquartered in Mexico City, Mexico.
Headquarters
Mexico
Address
Av. Insurgentes Sur No. 3579, Tlalpan La Joya, Mexico City, 09010
Website
www.grupoelektra.com.mx
Telephone
52 55 17209167
No of Employees
71,581
Industry
Financial Services
Ticker Symbol & Exchange
ELEKTRA* (MXK)
Revenue (2022)
$8.2B
12.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-156.8%
(2022 vs 2021)
Market Cap*
$14.5B
Net Profit Margin (2022)
XYZ
-150.3%
(2022 vs 2021)
* As of and is in US$
Grupo Elektra SAB de CV premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Personal Loans | Telephony |
| Furniture | Retirement Fund Management |
| Commercial Credits | Credit Information |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company and Western Union entered into a partnership to receive money in Mexico by sending a message through Chatbot. |
| 2020 | Divestiture | In November 2020, the group announced the sale of Banco Azteca del Peru to a group of Peruvian investors. |
| 2019 | Divestiture | In June, the group sold Banco Azteca El Salvador to Grupo Perinversiones. |
Competitor Comparison
| Key Parameters | Grupo Elektra SAB de CV | Banco Santander Mexico SA | Grupo Financiero Inbursa SAB de CV | BanCoppel SA | BBVA Mexico SA |
|---|---|---|---|---|---|
| Headquarters | Mexico | Mexico | Mexico | Mexico | Mexico |
| City | Mexico City | Alvaro Obregon | Miguel Hidalgo | Mexico City | Mexico City |
| State/Province | Mexico | - | - | - | Distrito Federal |
| No. of Employees | 71,581 | 26,461 | 9,330 | - | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ricardo B. Salinas Pliego | Chairman | Executive Board | 1987 | - |
| Elena Alti Ortiz | Chief Marketing Officer | Senior Management | 2022 | - |
| Hector O. Romero | General Director-Punto Casa de Bolsa | Senior Management | - | - |
| Eduardo Benigno Parra Ruiz | General Director - Afore Azteca | Senior Management | 2015 | - |
| Luis Nino de Rivera Lajous | Chairman-Banco Azteca | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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