Grupo Mexico completes Saavi merger while Grupo Mexico stock trades at EUR 11.89
Published on 10/14/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPower platform broadens the mix
- Grupo Mexico held a 70.00 percent stake in the Saavi platform on September 14, 2026.
- First-half 2026 revenue reached USD 11.28 billion, up 34.00 percent from the prior year.
- Grupo Mexico stock was trading at EUR 11.89 at 10:38 a.m. CEST at Lang & Schwarz on October 14, 2026.
Grupo Mexico (ISIN MXP370841019) was trading at EUR 11.89 at Lang & Schwarz on October 14, 2026, at 10:38 a.m. CEST. On September 14, 2026, Sullivan & Cromwell reported that Grupo Mexico had completed its combination of power assets with Saavi Energia, leaving Grupo Mexico with a 70.00 percent stake and the new platform with 4,510 MW of installed capacity.
Three dated milestones shape the story
On April 28, 2026, Grupo Mexico reported first-quarter revenue of USD 5.57 billion, up 32.70 percent year over year, according to Frontier Investments. The same source reported first-quarter net profit of USD 1.64 billion, a 62.40 percent increase from the year-earlier period.
For the first half of 2026, Grupo Mexico generated USD 11.28 billion in revenue, a 34.00 percent increase from the first half of 2025, while accumulated EBITDA reached USD 6.85 billion, according to the Yahoo Finance transcript. The mining division generated USD 9.30 billion in first-half sales, nearly 40.00 percent above the comparable 2025 period.
On September 14, 2026, Sullivan & Cromwell described the Saavi platform as 14 facilities with a 5,000 MW development pipeline. The transaction adds energy infrastructure to a company whose first-half growth was led by mining and metals pricing, giving investors a second operating engine to track.
What does Saavi add to the group?
The answer is capacity and diversification. Grupo Mexico owns 70.00 percent of the consortium, while the platform combines 4,510 MW of installed generation with approximately 5,000 MW of projects under development, according to Sullivan & Cromwell. That structure can reduce the group reliance on a single commodity cycle, although the current financial contribution of the combined platform is not yet reflected in the first-half figures.
Next results date and stock context
MarketBeat estimates that Grupo Mexico will report earnings on October 20, 2026, with consensus revenue of USD 5.95 billion. The BMV quote was MXN 244.94 on October 13, 2026, against a 52-week range of MXN 139.28 to MXN 246.54, placing the local share price near the top of that range.
EUR 11.89 in morning trading
Grupo Mexico was trading at EUR 11.89 at Lang & Schwarz on October 14, 2026, at 10:38 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Grupo Mexico stock.
Grupo Mexico stock facts
- Company: Grupo México, S.A.B. de C.V.
- ISIN: MXP370841019
- Ticker: GMEXICOB
- Primary exchange: BMV
- Price Lang & Schwarz (as of October 14, 2026, 10:38 a.m. CEST): EUR 11.89
- Market capitalization: MXN 1.9 trillion (as of October 13, 2026)
- 52-week range: MXN 139.28-246.54 (as of October 13, 2026)
- Sector / Industry: Materials / Industrial Metals and Mining
Market context: Latest market reports.
