Mexican conglomerate Alfa SAB has announced that it expects to record 4Q earnings before interest, taxes, depreciation and amortization at $290 million.

According to the filling by Alfa with the Mexican Stock Exchange, Editda, a measure of cash flow, for all of last years is said to have surged 9 percent from the 2008 to $1.06 billion.

While talking to reporters, the company’s director of planning and finance, Mario Paez said, “We can confirm that last year's Ebitda was the best we've had in our history, which is even more relevant considering that in 2009 we passed through the worst global economic crisis of the past 80 years.”

Moreover, Alfa announced that it expects to report fourth-quarter revenue of $2.37 billion, bringing the full-year figure to $8.54 billion.

Further, Alfa added that it has extended the average term of its debt to 4.6 years from 2.3 years over the course of 2009. Net-debt-to-Ebitda was 2.1 times at the close of 2009.

However, the company's local A shares recently traded 1.2% higher at 86.60 pesos ($6.84).