Action | 27 Jul 2026 21:59:37 ET │ 15 pages Grupo Mexico (GMEXICOB.MX) Model Update: Incorporating Saavi Energia; Maintain Neutral and Raise TP to P$220/sh CITI'S TAKE | Estimates | 2025A | 2026E | 2027E | 2028E | Q126A | Q226A | Q326E | Q426E | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales (US$M) | 18,181 | 22,790 | 23,250 | 21,355 | 5,565 | 5,718 | 5,692 | 5,815 | | EBITDA adj (US$M) | 9,956 | 13,963 | 14,046 | 12,591 | 3,314 | 3,536 | 3,505 | 3,608 | | EBITDA margin adj (%) | 54.8 | 61. ...