2024-07-30 02:40:47
Net sales and Ebitda in the second quarter of the year Grupo Gruma reached 1.66 billion dollars and 286 million dollars, respectively.
The flour chain reported that sales volume was at mil 79 miles of tons.
In both operations outside Mexico Net sales and EBITDA from operations represented 72% and 80% of the total, respectively.
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During the second quarter of 2024The company detailed that it made investments of 54 million dollars mainly for its operations in Gimsa, USA y China.
Meanwhile, the debt of Grum closed the quarter at 1.9 billion dollars. The flour mill added that in the United States the demand for its products had a positive impact and under the seal Mission has constant growth.
“In Mexico and Europa Consumer and customer preference for their food drives the business and its operations in Central America, Asia y Oceania report solid results.”
Grum He highlighted that its net sales outside of Mexico represent 72% of its consolidated results, while EBITDA outside the country reaches 80%.
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In Europe, Grum sold 5% more, with an operating profit that grew 63% and an EBITDA that rose 43% compared to 2Q23, “this thanks to the favorable demand for tortillas that reached a growth of 7%, and a considerable increase in the number of distributors of its products.”
LEO
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2024-07-30 02:40:47