02:22 PM EDT, 04/29/2024 (MT Newswires) -- Grupo Simec ( SIM ) shares fell 6.1% in recent Monday trading after the company reported lower sales in Q1.

The company late Friday reported a Q1 breakeven earnings per diluted share, unchanged from a year earlier.

Sales for the quarter ended March 31 were 7.89 billion Mexican pesos ($463.5 million), down from 12.83 billion pesos a year earlier.

Analysts' estimates weren't available.

Price: 31.00, Change: -2.00, Percent Change: -6.06