SCCO's Growth Comparisons in III. Quarter 2024
Southern Copper improved it's Revenue by 16.97% year on year in the third quarter 2024, and outpaced the 15.04% rise in the Metal Mining industry, and 0.37% growth in the Basic Materials sector. Comparing the third quarter sales growth, both Metal Mining industry and Southern Copper Corp outperformed 3.85% overall market increase.
Top-line fell by -6.01% from the second quarter. Average annual sales growth for Southern Copper is 6.88%, while S & P 500's average yearly sales increase is 7.75%, including only Businesses with the third quarter 2024 financial results.
Segment Name |
Y / Y |
Seq. |
Corporate other and eliminations |
|
- |
- |
Mexican Open-Pit segment |
|
9.61 % |
- |
Mexican IMMSA Unit segment |
|
20.38 % |
- |
Peruvian Operations segment |
|
27.13 % |
- |
Mexico |
|
0.86 % |
7 % |
Mexico Corporate other and eliminations |
|
- |
- |
Mexico Mexican Open-Pit segment |
|
-2.61 % |
- |
Mexico Mexican IMMSA Unit segment |
|
22.19 % |
- |
Mexico Peruvian Operations segment |
|
- |
- |
United States |
|
3.53 % |
6.96 % |
United States Mexican Open-Pit segment |
|
9.21 % |
- |
United States Mexican IMMSA Unit segment |
|
- |
- |
United States Peruvian Operations segment |
|
-6.84 % |
- |
Peru |
|
49.43 % |
0.66 % |
Peru Corporate other and eliminations |
|
- |
- |
Peru Mexican IMMSA Unit segment |
|
-82.29 % |
- |
Peru Peruvian Operations segment |
|
49.43 % |
- |
Brazil |
|
20.94 % |
-13.97 % |
Brazil Mexican IMMSA Unit segment |
|
-11.83 % |
- |
Brazil Peruvian Operations segment |
|
24.29 % |
- |
Chile |
|
28.71 % |
-11.3 % |
Chile Peruvian Operations segment |
|
28.71 % |
- |
Other American countries |
|
-3.19 % |
-12.08 % |
Other American countries Mexican Open-Pit segment |
|
-11.45 % |
- |
Other American countries Peruvian Operations segment |
|
15.79 % |
- |
Switzerland |
|
69.16 % |
7.02 % |
Switzerland Mexican Open-Pit segment |
|
120.81 % |
- |
Switzerland Mexican IMMSA Unit segment |
|
189.53 % |
- |
Switzerland Peruvian Operations segment |
|
33.27 % |
- |
Italy |
|
-6.1 % |
-18.21 % |
Italy Mexican IMMSA Unit segment |
|
111.11 % |
- |
Italy Peruvian Operations segment |
|
-10.01 % |
- |
Italy Maximum |
|
- |
- |
Spain |
|
-3.92 % |
-23.49 % |
Spain Mexican Open-Pit segment |
|
-8.43 % |
- |
Spain Peruvian Operations segment |
|
21.86 % |
- |
Other European Countries |
|
58.7 % |
1.87 % |
Other European Countries Mexican Open-Pit segment |
|
- |
- |
Other European Countries Mexican IMMSA Unit segment |
|
-35.09 % |
- |
Other European Countries Peruvian Operations segment |
|
156.55 % |
- |
China |
|
57.08 % |
-23.74 % |
China Mexican Open-Pit segment |
|
50.63 % |
- |
China Mexican IMMSA Unit segment |
|
-75 % |
- |
China Peruvian Operations segment |
|
100.78 % |
- |
Singapore |
|
-56.97 % |
-36.44 % |
Singapore Mexican Open-Pit segment |
|
-55.41 % |
- |
Singapore Peruvian Operations segment |
|
-55.76 % |
- |
Japan |
|
59.89 % |
-21.59 % |
Japan Mexican Open-Pit segment |
|
268.39 % |
- |
Japan Peruvian Operations segment |
|
16.22 % |
- |
Other Asian countries |
|
-46.04 % |
-73.02 % |
Other Asian countries Mexican Open-Pit segment |
|
-59.48 % |
- |
Other Asian countries Peruvian Operations segment |
|
412.5 % |
- |
Copper |
|
20.61 % |
-4.46 % |
Copper Corporate other and eliminations |
|
- |
- |
Copper Mexican Open-Pit segment |
|
14.85 % |
- |
Copper Mexican IMMSA Unit segment |
|
13.5 % |
- |
Copper Peruvian Operations segment |
|
28.23 % |
- |
Molybdenum |
|
-13.49 % |
-21.73 % |
Molybdenum Mexican Open-Pit segment |
|
-33.43 % |
- |
Molybdenum Peruvian Operations segment |
|
27.22 % |
- |
Silver |
|
45.87 % |
-3.5 % |
Silver Corporate other and eliminations |
|
- |
- |
Silver Mexican Open-Pit segment |
|
37.34 % |
- |
Silver Mexican IMMSA Unit segment |
|
20.45 % |
- |
Silver Peruvian Operations segment |
|
71.91 % |
- |
Zinc |
|
61.43 % |
-1.65 % |
Zinc Corporate other and eliminations |
|
- |
- |
Zinc Mexican Open-Pit segment |
|
- |
- |
Zinc Mexican IMMSA Unit segment |
|
27.94 % |
- |
Other |
|
-4.83 % |
8.08 % |
Other Corporate other and eliminations |
|
- |
- |
Other Mexican Open-Pit segment |
|
-0.39 % |
- |
Other Mexican IMMSA Unit segment |
|
2 % |
- |
Other Peruvian Operations segment |
|
-14.99 % |
- |
Reportable subsegments |
|
16.97 % |
-6.01 % |
Intersales Corporate other and eliminations |
|
- |
- |
Mexican Open-Pit Reportable subsegment |
|
9.2 % |
- |
Mexican Open-Pit Intersales segment |
|
- |
- |
Mexican IMMSA Unit Reportable subsegment |
|
34.36 % |
- |
Mexican IMMSA Unit Intersales segment |
|
-12.12 % |
- |
Peruvian Operations Reportable subsegment |
|
27.13 % |
- |
Total |
|
16.97 % |
134.68 % |
Southern Copper showed respectable 43.75% year on year rise of EPS in the third quarter, comparing favorably to the 36.39% improvement in the Metal Mining industry, and -8.92% decrease in the Basic Materials sector. Comparing the third quarter income per share growth, both Metal Mining industry and Southern Copper Corp outperformed -6.44% overall market increase.
the bottom-line fell by -5.74% from the second quarter. Average annual income per share growth for Southern Copper is 9.44%, while S & P 500's average yearly income per share increase is 7.5%, including only Businesses with the third quarter 2024 earnings.