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VOYAGE TRANSPORTS ANNOUNCES EXPANSION TO ASIAN MARKET.

  • Feb 1, 2018
  • 2 min read

FOR IMMEDIATE RELEASE, FEBRUARY 1st, 2018.


BUENOS AIRES, ARGENTINA – Voyage Transports, the leading industrial transportation company in Europe and a wholly-owned subsidiary of Facundo Corp – is announcing an expansion of the current company’s service offering in Europe to include the Asian Market.


Voyage Transports now offers transportation solutions with 8 new railroads that connect 37 Asian cities in countries such as Russia, China, Japan, and more. The company also offers 4 intercontinental railroads connecting Europe and Asia together.


This is an addition to the 24 current European cities and 5 railroads, one of them featuring the Bullet™ Train. The company expects to expand its Bullet™ Train offering connecting key cities in the Asian market as well.


“As we learned the how of the transportation market we’re ready to implement our strategy in the Asian market with a total expansion. We think that is a market amazing opportunities and we’re offering our best services to our first customers.” Said Tiffany Monk, President of Voyage Transports in a statement.


The company’s website, available in http://facundocorp.000webhostapp.com/industrial/voyage/ has been also updated featuring a new design and updated information about the operations of the company. Customers can register to manage their transportation needs and check out the company’s available routes, cities and transportation capacity on-demand.


Voyage Transports, a wholly owned subsidiary of Facundo Corp, offers transportation services for industrial customers in more than 60 cities spanning the whole European and Asian continent. The company’s website can be found at facundocorp.000webhostapp.com/industrial/voyage/


Facundo Corp operates many industrial, consumer and financial services across the world. The company's website can be found at facundocorp.000webhostapp.com/. The company's stock symbol is traded in the NYSE as "FCORP".

Click here to download this press release in Adobe Acrobat format.


For additional information please contact:

Martín Gomez

(713) 853-9757

FACUNDO CORP ANNOUNCES PLANS TO MOVE HEADQUARTERS TO NEW LOCATION.

  • Jan 25, 2018
  • 2 min read

FOR IMMEDIATE RELEASE, JANUARY 25th, 2018.


BUENOS AIRES, ARGENTINA – Facundo Corp – the leading corporation on industrial and consumer services – is announcing its intentions to move the company’s headquarters, currently located in Buenos Aires, Argentina, to a new-to-be-built campus in the Kingdom of Monaciencio™.


The company has an agreement with the Government of Monaciencio, who will provide help with the transition, as employees are expect to move to the Kingdom as well.


“Our currently headquarters are non-sufficient for the broad scale of operations that we currently manage. As a result, we are going to build a new campus in the Kingdom of Monaciencio™ that will allow us to have more space to conduct or business and integrate our process in one campus.” Said Facundo Pignanelli, CEO and Chairman of Facundo Corp in a media statement.


The campus is in preliminary design stage, and expects to completed in Q4 2020. The Main Company Building is expected to be completed in Q4 2019.


The new campus will feature a building for each of the company’s business units, along an auditorium to announce the company’s new services and updates.


The current headquarters in Buenos Aires will remain functional after the transition, as a regional office in Latin America.


Employees of Facundo Corp can get more information about the move and what would mean for them at the company’s intranet. The company also expects to release regular press releases detailing the process to ensure a smooth transition to media, employees and residents of both Buenos Aires and the Kingdom of Monaciencio™.


Facundo Corp operates many industrial, consumer and financial services across the world. The company's website can be found at facundocorp.000webhostapp.com/. The company's stock symbol is traded in the NYSE as "FCORP".

Click here to download this press release in Adobe Acrobat format.

For additional information please contact:

Martín Gomez

(713) 853-9757

FACUNDO CORP REPORTS THIRD QUARTER 2017 RECURRING EARNINGS OF $0.60 PER DILUTED SHARE.

  • Jan 23, 2018
  • 2 min read

FOR IMMEDIATE RELEASE, JANUARY 23rd, 2018.


BUENOS AIRES, ARGENTINA – Facundo Corp – the leading corporation on industrial and consumer services – announced today earnings per diluted share of $0.60 for its first-ever quarter in 2017. Results for the quarter include:


• $6.023 million on recurring revenue.

• $7.323 in net income.


Facundo Pignanelli, CEO and Chairman of the board made the following statement:


“We’re thrilled for our results in the first quarter of the company. Our Consumer and Industrial services are one of the strongest in the industry and these results are a confirmation of our current strategy”.


PERFORMANCE SUMMARY

Facundo Corp business are reported in 3 segments: Consumer Services, Industrial Services and Corporate and Other


Consumer Services: IBIT for Consumer Services was of $5.699 million for the quarter.

CrossRetail is the consumer-retail arm of Facundo Corp. IBIT for CrossRetail was of $215 million for the quarter.

Minted Studios is the media services arm of Facundo Corp. IBIT for Minted Studios was of $0.654 million for the quarter.

Blastech is the game-developing and publisher arm of Facundo Corp. IBIT for Blastech was of $5.483 million for the quarter, making it the most successful arm of Consumer Services for the quarter.


Industrial Services: IBIT for Industrial Services was of $316 million for the quarter.


ZORiN Industries is the commodity marketing arm of Facundo Corp. IBIT for ZORiN Industries was of $266 million for the quarter, making it the most successful arm of Industrial Services for the quarter.

Voyage Transports is the industrial transportation arm of Facundo Corp. IBIT for Voyage Transports was of $0.335 million for the quarter.

Co-Op Oil is the oil marketing arm of Facundo Corp. IBIT for Co-Op Oil was of $50 million for the quarter.


Corporate and Other

Corporate and Other IBIT for the quarter was a loss of $8 million, primarily due to highly un-allocated corporate expenses and minimal revenues of Financial Services.


OTHER INFORMATION


Including non-recurring results, Facundo Corp reported earnings of $0.73 per diluted share. This non-recurring item are the revenues originated from the selling of some subsidiaries of the company.

A replay of the conference call with the company management conducted today is available for replay in the Investors page of the company’s website.


Please see attached tables for additional financial information.


This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although Facundo Corp believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein include success in marketing commodities to customers; the ability to penetrate new retail business; development the company’s financial services; and conditions of the capital markets and equity markets during the periods covered by the forward-looking statements.


Facundo Corp operates many industrial, consumer and financial services across the world. The company's website can be found at facundocorp.000webhostapp.com/. The company's stock symbol is traded in the NYSE as "FCORP".


Click here to download this press release in Adobe Acrobat format.


Please see attached tables for additional financial information.


For additional information please contact:

Martín Gomez

(713) 853-9757

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