date:Jul 28, 2012
t said that higher operating and financial costs generated from this offset sales gains for the quarter.
Overall financial costs were 606m pesos ($45.2m) pushed up by increased debt and higher interest expenses in addition to increased operating investments.
Sharp US sales
The firm reported significant sales in US for Q2, with an 80% rise to 20.7bn pesos ($1.5bn) most of which was due to the Sara Lee acquisition and the rest to the effect of a stronger dollar on sales in peso terms.
Grupo Bim