Grupo Bimbo

Grupo Bimbo leads Merco ranking in Mexico

Grupo Bimbo leads Merco ranking in Mexico

By Asia Sherman

For the sixth consecutive year, baked-goods company Grupo Bimbo topped the Merco ranking of companies with the best corporate responsibility and governance practices in Mexico.

Grupo Bimbo Net posted flat sales year-over-year, mainly due to a stronger Mexican peso, volume pressure in North America and weaker consumption in Mexico, offset by sales growth in EAA. Pic: Grupo Bimbo

Grupo Bimbo posts soft sales

By Gill Hyslop

The world’s biggest bread maker reported higher prices and growing revenue headwinds in the US and Mexico contributed to flat net sales for its second quarter ended June 30.