2024-04-22 21:08:23
Grum reported that during the first trimester of the year grew 4% in sales, 26% in EBITDA and 46% in their Net profitcompared to the same period in 2023.
It was reported that profits are supported by an increase in demand for the brand’s products Mission in United States.
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Its healthy line “Better for You” maintains solid growth in the first three months of the year.
The firm reported that in the US, its most relevant market globally, Net Sales increased 2% and EBITDA expanded by 15%.
In the case of Europe, sales volume grew up to 8%, and in Asia and Oceania, high demand for products in China and Malaysia drove sales growth of 5%.
Outside Mexico, net sales from operations accounted for 71% of consolidated figures and 82% of EBITDA.
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The net sales of Grum They rose 4% compared to the same quarter last year, achieving 1,647 million dollars.
The operating profit of the multinational, in the aforementioned quarter, stood at 206 million dollars, this is 31% higher compared to the same period in 2023 when it stood at 157.8 million dollars.
CSAS
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2024-04-22 21:08:23