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Hylsamex’s
minimill plant, Monterrey. |
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A slight improvement of the Mexican and U.S. economies
and the company's greater capacity to capitalize on market opportunities,
allowed ALFA to improve its results in 2002, increasing revenue, net income
and EBITDA.
The debt of Hylsamex's subsidiaries was successfully refinanced, increasing
its financial flexibility and improving ALFA's consolidated financial condition.
During the year, ALFA refined its portfolio strategy, confirming PTA, food
and auto components as key businesses and added coated steel and
PET.
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