|Bid||73.10 x 263600|
|Ask||73.14 x 342600|
|Day's range||73.03 - 75.11|
|52-week range||48.96 - 78.99|
|Beta (5Y monthly)||0.12|
|PE ratio (TTM)||16.99|
|Earnings date||26 Jul 2021 - 30 Jul 2021|
|Forward dividend & yield||0.65 (0.86%)|
|Ex-dividend date||17 May 2022|
|1y target est||52.19|
Mexican breadmaker Grupo Bimbo on Thursday reported its second-quarter net profit doubled and the company raised its sales and operating earnings outlook, citing strong demand from regions including the United States and Europe. Net profit rose to 6.1 billion pesos ($305 million), the company said in a filing to Mexico's main stock exchange. Revenue totaled 96.4 billion pesos, an 18% rise from the year-ago period.
MEXICO CITY (Reuters) -Mexican breadmaker Grupo Bimbo's first-quarter net profit rose, boosted by strong sales, but higher raw material costs cut into its margins. Bimbo also said it was eyeing price increases to offset spiking supplier costs, especially in Mexico, where its executives have had preliminary talks with the government about bread prices, Chief Executive Daniel Servitje said on a conference call with analysts. With inflation running double the central bank's target of 3% plus or minus one percentage point, Mexican President Andres Manuel Lopez Obrador said on Monday the government will present a plan to control inflation on food items in a week.
Mexican breadmaker Grupo Bimbo said on Sunday it has temporarily suspended operations in its Dnipro plant to ensure the safety of its 150 workers, all of whom are Ukrainians, citing the ongoing crisis with Russia. One of the world's largest breadmaker, Grupo Bimbo said in a statement that it operates in Ukraine under the brand of Bimbo QSR, providing baked goods to quick service restaurants. It said it had suspended operations in Ukraine four days earlier.