| | Business Summary | | Savia,
S.A.
de
C.V.,
through
its
subsidiaries,
Seminis
and
Bionova
Holding
Corp.,
is
engaged
in
agrotechnology
applied
to
fruits
and
vegetables.
Based
on
its
technology,
research
and
development
capabilities
around
the
world
and
a
global
network
of
production
and
distribution
centers,
Seminis
delivers
value-added
seeds
for
fruits
and
vegetables,
and
Bionova
provides
fresh
produce.
Through
its
emphasis
in
agrotechnology,
Savia
provides,
in
less
time,
a
higher
quantity
of
fruits
and
vegetables
to
the
growing
human
population
and
delivers
fruits
and
vegetables
with
enhanced
nutritious
and
disease-preventing
properties.
The
Company,
through
its
subsidiary,
Seguros
Comercial
America,
is
an
insurance
company
and
a
non-banking
financial
services
provider.
The
Company
also
has
a
packaging
division,
Empaques
Ponderosa,
which,
through
its
subsidiaries,
produces
and
exports
folding
boxboard
made
from
recycled
fibers. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | VAI,
a
diversified
business
group
in
Mexico,
operates
through
Seguros
Comercial
America
(insurance
and
financial
services),
Seminis
(seeds
supplier),
Bionova
(biotechnology
and
produce
distribution),
and
Empaques
Ponderosa
(packaging).
For
the
three
months
ended
3/01,
revenues
fell
2%
to
PS7.98
billion.
Net
loss
from
continuing
operations
before
U.S.
GAAP
fell
9%
to
PS149M.
Revenues
reflect
lower
sales
in
the
Industrial
and
Commercial
sector.
Lower
loss
reflects
improved
operating
efficiencies. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Alfonso Romo Garza | Chairman
and CEO | | Rubén Martínez Donde | CFO
of Savia |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/v/vai.gif)