La Comer’s Expansion Plans and Santiago García’s New Role
La Comer, a prominent Mexican chain of self-service stores, intends to accelerate its expansion strategy for new outlets in the upcoming year. This ambitious plan will be led by Santiago García, the current CEO, who will assume the position of vice president of the supermarket chain starting January 1, 2026.
For 2026, La Comer aims to open between eight and ten new stores in the Mexican market. This goal was initially set for six new units in 2025, but the company may not meet this target due to complications in obtaining construction authorizations on time and other external factors.
Actinver Increases Médica Sur’s Stock Price Target
Actinver, a Mexican brokerage firm, raised the price target for Médica Sur’s stock from 76 to 80 pesos following a quarter with favorable results that aligned with their projections. The firm maintained its ‘buy’ recommendation.
Actinver highlighted that Médica Sur remains undervalued, with an estimated VE/EBITDA multiple of 4.6 times (or 2.8 times if considering its land holdings) and a P/U of 9 times for 2026. The brokerage firm emphasized that the market has yet to recognize Médica Sur’s growth potential, solid business model, and leadership in the Mexican hospital sector.
Daimler México Approves Capital Increase
Daimler México, the local subsidiary of German automaker Daimler, announced that its shareholders approved a capital increase in its variable part for 1,622,284 pesos through the issuance of 1,622,287 nominative “C” series shares.
Daimler Truck AG, the majority shareholder, subscribed to all the issued shares and will hold this emission. The company stated that the increase aims to strengthen its financial position and reaffirm the partners’ commitment to the business’s development and continuity.
Volaris Shares Drop Following US Route Cancellations
Shares of Volaris, Mexico’s leading low-cost airline, fell 4.7% on Wednesday after the US government decided to suspend operations of some routes originating from Benito Juárez International Airport (AICM) and Felipe Ángeles International Airport (AIFA).
Volaris closed the local stock market session on Wednesday at 11.99 pesos, its lowest level since September 15 of this year. The airline also experienced its worst trading day since it dropped 4.8% on the previous Friday.
Volaris stated in a positioning statement that it will analyze options to minimize the impact of these US route cancellations on its users. The president, Claudia Sheinbaum, announced a meeting with the three main airlines in the country on Friday.
Key Questions and Answers
- Q: Who is Santiago García, and what is his new role at La Comer? A: Santiago García is the current CEO of La Comer. He will assume the position of vice president of the supermarket chain starting January 1, 2026, leading the company’s expansion strategy.
- Q: What is Actinver’s revised price target for Médica Sur’s stock, and why? A: Actinver raised Médica Sur’s stock price target from 76 to 80 pesos due to favorable quarterly results that aligned with their projections. The firm maintained its ‘buy’ recommendation, citing Médica Sur’s undervaluation and growth potential.
- Q: What is the purpose of Daimler México’s approved capital increase? A: The capital increase aims to strengthen Daimler México’s financial position and reaffirm the partners’ commitment to the business’s development and continuity.
- Q: Why did Volaris shares drop, and what is the company’s response? A: Volaris shares fell 4.7% following the US government’s decision to suspend some routes from Mexican airports. The airline will analyze options to minimize the impact on users and has scheduled a meeting with other major Mexican airlines to discuss the issue.
